Steel Products Prices North America
June 13, 2017
Raw Steel Production Dips 1.8 Percent
Written by Brett Linton
U.S. raw steel production totaled 1,718,000 net tons for the week ending June 10, a decline of 2.1 percent from the same period last year, and down 1.8 percent from the previous week. The mill capacity utilization rate was 73.7 percent, down from 75.0 percent a week ago, estimates the American Iron & Steel Institute (AISI) in Washington. Capacity utilization is slightly below the 75.1 percent rate of a year ago.
Adjusted year-to-date production through June 10 totaled 39,885,000 net tons at a capacity utilization rate of 74.4 percent, up 2.6 percent from the same period last year when the utilization rate was 72.6 percent.
