Steel Products Prices North America
March 7, 2017
Weekly Raw Steel Production Steady at 1.76 Million Tons
Written by Brett Linton
For the week ending March 4, 2017, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,760,000 net tons of raw steel, a 0.6 percent decrease over the previous week but a 3.8 percent increase over the revised rate from the same week one year ago. The estimated capacity utilization rate for steel production is 74.3 percent, down from 74.7 percent last week but up from 72.5 percent this time last year.
Estimated total raw steel produced for 2017 YTD is reported to be 15,596,000 tons, up 4.6 percent from the 14,917,000 tons produced during the same period in 2016. The average capacity utilization rate for 2017 YTD is estimated to be 73.1 percent, up from 70.9 for 2016 YTD.
