Steel Products Prices North America
October 3, 2017
Weekly Steel Production Down
Written by Tim Triplett
U.S. raw steel production totaled 1,706,000 net tons in the week ended Sept. 30, a 7.2 percent increase from the same period last year, but down 0.8 percent from the prior week. The mill capability utilization rate for the Sept. 30 week averaged 73.2 percent, up substantially from the 68.0 percent at the same time last year, but down slightly from the 73.8 percent a week earlier, reports the American Iron and Steel Institute in Washington.
Adjusted year-to-date production through Sept. 30 totaled 67,804,000 net tons, up 3.7 percent from the same period last year. The capability utilization rate of 74.6 percent for the year is up from 72.1 percent in 2016.
