Steel Products Prices North America
May 16, 2017
Weekly Raw Steel Capacity Utilization Rate at 74.1%
Written by Brett Linton
For the week ending May 13, 2017, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,728,000 net tons of raw steel, a 0.5 percent decrease over the previous week and a 0.2 percent decrease over the revised rate from the same week one year ago. The estimated capacity utilization rate for steel production is 74.1 percent, down from 74.5 percent last week and the same as it was one year ago.
Estimated total raw steel produced for 2017 YTD is reported to be 32,924,000 tons, up 3.2 percent from the 31,912,000 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 72.1 for 2016 YTD.
