Weekly Raw Steel Production Drops 2.1%

For the week ending November 30, 2013, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,812,000 net tons of raw steel, a 2.1 percent decrease over the previous week but a 3.9 increase over the same week one year ago. The estimated capacity utilization rate is 75.6 percent, down from 77.2 percent last week but up from 70.1 percent last year.

This is the lowest production rate since the week of March 23, 2013, when production was at 1,809,000 NT.