Steel Products Prices North America
November 28, 2017
Weekly Raw Steel Production Dips 2.4 Percent
Written by Tim Triplett
U.S. raw steel production for the week ending Nov. 25 totaled 1,703,000 net tons, a 7.0 percent increase from the same period last year, but down 2.4 percent from the prior week. The mill capability utilization rate for the week averaged 73.0 percent, down from 74.9 percent the prior week but up from 67.1 percent the prior year, reports the American Iron and Steel Institute in Washington.
Adjusted year-to-date production through Nov. 25 totaled 81,661,000 net tons, up 4.2 percent from the same period last year. The average mill capability utilization rate for the year to date was 74.5 percent, up from 70.8 percent in 2016.
