Steel Products Prices North America
April 10, 2018
U.S Raw Steel Production Up for the Week
Written by Tim Triplett
U.S. raw steel production moved back above the 1.8 milllion ton mark last week. Steel production for the week ending April 7 totaled 1,805,000 net tons, a 4.9 percent increase from the same period last year, and up 1.6 percent from the previous week. The mill capability utilization rate for the April 7 week averaged 77.0 percent, up slighty from 76.2 percent the prior week, reports the American Iron and Steel Institute in Washington.
Adjusted year-to-date producton through April 7 totaled 24,397,000 net tons at a capability utilization rate of 75.5 percent. That’s up 1.3 percent from 24,089,000 tons in the same period last year when the capability utilization was 74.4 percent.
