Industry News

US’ crude steel production rises

Views : 323
Update time : 2020-08-25 19:00:27
According to statistics from the American Iron and Steel Institute (AISI), in the week ended August 22, the production of US’ crude steel totaled around 1.41 million short tons, rising by 2.5% from the same period a week ago while dropping by 23.3% compared to the same period a year earlier. The capacity utilization rate was 63%, hiking by 1.5% week on week but going down by 16.1% year on year.

As of the week ended August 22, the production of US’ crude steel amounted to around 50.25 million short tons this year, a year-on-year decrease of 20.3%. The capacity utilization rate was 65.8%, a year-on-year reduction of 14.9%.
Related News
Read More >>
Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh
Feb .25.2025
Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh
EU expands sanctions on Russian aluminium: industry calls for closing loopholes EU expands sanctions on Russian aluminium: industry calls for closing loopholes
Feb .25.2025
EU expands sanctions on Russian aluminium: industry calls for closing loopholes
Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed
Feb .25.2025
Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed
Alba announces Ma’aden as a major shareholder Alba announces Ma’aden as a major shareholder
Feb .25.2025
Alba announces Ma’aden as a major shareholder