Steel Products Prices North America
April 24, 2017
Global Steel Production in March and Forecast through 2017
Written by Peter Wright
Production in the month of March was 144,953,000 metric tons, up from 127,227,000 tons in February. Capacity utilization at 74.0 percent was up from 70.3 in February. The three month moving averages (3MMA) that we prefer to use were 136,737,000 and 71.2 percent respectively. Production in February was severely influenced by the short month. Capacity is 2.35 billion tonnes per year. Figure 1 shows monthly production and capacity utilization since March 2000.
