Steel Products Prices North America
July 5, 2018
U.S. Raw Steel Production Up 1.7 Percent in 2018
Written by Tim Triplett
Raw steel production for the week ending June 30 totaled 1,781,000 net tons, a 1.9 percent increase from the same period last year and up 0.5 percent from the previous week. The mill capability utilization rate for the June 30 week averaged 76.0 percent, up from 75.6 percent in the prior week and 74.9 percent in the same week last year. Raw steel capability utilization remains below the peak for the year of 78.7 percent recorded in March, reports the American Iron and Steel Institute in Washington.
Adjusted year-to-date producton through June 30 totaled 45,614,000 net tons at a capability utilization rate of 75.5 percent. That’s up 1.7 percent from 44,839,000 tons in the same period last year when the capability utilization was 74.4 percent.
