US
domestic steel production decreased on-year in the week ended 11 June,
according to the American Iron and Steel Institute. Domestic production
was 1.78 million short tons and the capacity utilisation rate was 81.7% for the
week ending 11 June, a 0.2% uptick from the previous week ending on 4 June. The
week’s figure represents a 3.3% decrease from last year’s corresponding week,
when production was 1.844m st and utilisation rate was 83%. The …