Steel Products Prices North America
September 7, 2017
U.S. Raw Steel Production Continues Uptrend
Written by Tim Triplett
Domestic raw steel production totaled 1,747,000 net tons in the week ending Sept. 2, up 0.4 percent from the prior week and an 8.6 percent increase from the same period in 2016. The mill capability utilization rate was 74.9 percent for the week, up from 68.8 percent in the same week last year, reports the American Iron and Steel Institute in Washington.
Adjusted year-to-date production through Sept. 2 was 60,900,000 net tons, up 3.2 percent from the same period last year. The capability utilization rate of 74.6 percent was up from 72.1 percent through the first eight months of 2016.
