Steel Products Prices North America
April 4, 2017
Raw Steel Production: Third Consecutive Weekly Decline
Written by Brett Linton
For the week ending April 1, 2017, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,692,000 net tons of raw steel, a 1.9 percent decrease over the previous week but a 0.4 percent increase over the revised rate from the same week one year ago. The estimated capacity utilization rate for steel production is 71.4 percent, down from 72.8 percent last week and down from 72.1 percent this time last year.
Estimated total raw steel produced for 2017 YTD is reported to be 22,551,000 tons, up 4.1 percent from the 21,657,000 tons produced during the same period in 2016. The average capacity utilization rate for 2017 YTD is estimated to be 73.2 percent, up from 71.3 for 2016 YTD.
