Steel Products Prices North America
March 21, 2017
Weekly Raw Steel Production Dips After Last Week's High
Written by Brett Linton
For the week ending March 18, 2017, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,747,000 net tons of raw steel, a 2.5 percent decrease over the previous week but a 3.7 percent increase over the revised rate from the same week one year ago. The estimated capacity utilization rate for steel production is 73.7 percent, down from 75.6 percent last week but up from 72.1 percent this time last year.
Estimated total raw steel produced for 2017 YTD is reported to be 19,134,000 tons, up 4.6 percent from the 18,287,000 tons produced during the same period in 2016. The average capacity utilization rate for 2017 YTD is estimated to be 73.4 percent, up from 71.3 for 2016 YTD.
