Steel production in the US has increased sharply

According to statistics from the American Iron and Steel Institute (AISI), for the week ended April 17, crude steel production in the United States amounted to about 1.77 million short tons, an increase of 0.5% compared to the same period a week ago. and also an increase of 42.7% over the same period a year earlier. The capacity utilization rate stood at 78.0%, an increase of 0.4% for the week and an increase of 22.6% year on year.

As of the week ending April 17, US crude steel production this year was about 26.7 million short tons, an increase of 0.14% over the same period last year. The capacity utilization rate was 77.1%, which is 3.4% more than a year earlier.

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