Industry News

US’ crude steel production hikes

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Update time : 2020-11-03 16:52:18
According to statistics from the American Iron and Steel Institute (AISI), in the week ended October 31, the production of US’ crude steel totaled around 1.56 million short tons, hiking by 1.0% from the same period a week ago while dropping by 13.7% compared to the same period a year earlier. The capacity utilization rate was 70.4%, rising by 0.7% week on week while going down by 7.6% year on year.

As of the week ended October 31, the production of US’ crude steel amounted to around 65.81 million short tons this year, a year-on-year decrease of 18.9%. The capacity utilization rate was 66.7%, a year-on-year reduction of 13.4%.
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