Steel Products Prices North America
September 12, 2017
Weekly Raw Steel Production Declines
Written by Tim Triplett
Domestic raw steel production totaled 1,733,000 net tons in the week ending Sept. 9, an 8.9 percent increase from the same period last year, but a decrease of 0.8 percent from the prior week. The mill capability utilization rate was 74.3 percent, down slightly from 74.9 percent the prior week, but up from 68.0 percent the prior year, reports the American Iron and Steel Institute in Washington.
Adjusted year-to-date production through Sept. 9 was 62,633,000 net tons, up 3.3 percent from the same period last year. This year’s capability utilization rate of 74.6 percent is an improvement on the 72.1 percent in 2016.
