U.S. steel production surged in the week ended April 23

U.S. crude steel production was 1.784 million short tons for the week ended April 23, up 1.0% from the same period a week earlier but down 2.7%, according to statistics from the American Iron and Steel Institute (AISI). %. compared to the same period a year earlier. The capacity utilization rate was 81.7%, up 0.8% from the previous week and 0.9% year on year.

As of the week ended April 23, year-to-date adjusted US steel production was 28.2 million short tons, down 1.1% from last year. The capacity utilization rate was 80.3%, an increase of 2.3% compared to the previous year.