Steel Products Prices North America
June 6, 2017
Raw Steel Production Up 2.8 Percent
Written by Brett Linton
Total U.S. raw steel production for the first five months of the year increased by 2.8 percent, to 37,117,000 million tons, reports the American Iron & Steel Institute (AISI) in Washington. The mill capacity utilization rate for the year averaged 74.4 percent, up from 72.1 percent in the year-ago period.
For the week ending June 3, the AISI estimated the U.S. steel industry produced 1,749,000 net tons of raw steel, a 0.2 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 was 75.0 percent, down from 75.2 percent the prior week but up from 74.5 percent the same time last year.
