Steel Products Prices North America
March 28, 2017
Another Slight Decrease in Weekly Raw Steel Production
Written by Brett Linton
For the week ending March 25, 2017, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,725,000 net tons of raw steel, a 1.3 percent decrease over the previous week but a 2.4 percent increase over the revised rate from the same week one year ago. The estimated capacity utilization rate for steel production is 72.8 percent, down from 73.7 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 20,859,000 tons, up 4.4 percent from the 19,972,000 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.
