American crude steel production was estimated at 1.33 million short tons in the week ending on August 1, 28.1% lower than the year-ago level of 1.85 million short tons, but inched up 0.6% from 1.32 million short tons a week ago.
Over the same period, the capability utilization rate of steel mills was estimated at 59.3%, lower than 79.3% in the same period last year, but higher than 58.9% in the preceding week, showed preliminary data from the AISI.
North East region produced 134,000 short tons of crude steel during the last week of July; Great Lakes region, 462,000 short tons; Midwest region, 145,000 short tons; Southern part, 515,000 short tons and Western region, 72,000 short tons.
In the year to August 1, the adjusted production of crude steel stood at 46.1 million short tons, recording a year-on-year fall of 19.9%. The steel plants operated at a capability utilization rate of 66.2%, decreasing from the year-ago level of 80.9%.
(Writing by Rebecca Liu Editing by Tammy Yang)
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