Steel Products Prices North America
December 19, 2017
Weekly Raw Steel Production Up 1.6%
Written by Tim Triplett
U.S. raw steel production for the week ending Dec. 16 totaled 1,698,000 net tons, a 5.7 percent increase from the same period last year, but up 1.6 percent from the prior week. The mill capability utilization rate for the week averaged 72.8 percent, up from 71.7 percent the prior week and 67.8 percent the prior year, reports the American Iron and Steel Institute in Washington.
Adjusted year-to-date production through Dec. 16 totaled 86,751,000 net tons, up 4.3 percent from the same period last year. The average mill capability utilization rate for the year to date was 74.4 percent, up from 70.5 percent in 2016.
