Steel Products Prices North America
May 2, 2017
Weekly Raw Steel Production Stuck at 1.75 Million Tons
Written by Brett Linton
For the week ending April 29, 2017, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,750,000 net tons of raw steel, a 2.0 percent increase over the previous week and a 3.1 percent increase over the revised rate from the same week one year ago. The estimated capacity utilization rate for steel production is 75.1 percent, up from 73.6 percent last week and up from 72.6 percent this time last year.
Estimated total raw steel produced for 2017 YTD is reported to be 29,459,000 tons, up 3.6 percent from the 28,449,000 tons produced during the same period in 2016. The average capacity utilization rate for 2017 YTD is estimated to be 74.3 percent, up from 71.6 for 2016 YTD.
