Steel Products Prices North America
September 25, 2018
Weekly Raw Steel Production Remains Near 80 Percent
Written by Brett Linton
U.S. raw steel production for the week ending Sept. 22 totaled 1,863,000 net tons, up 8.9 percent from the same period last year and 0.1 percent from the prior week, reports the American Iron and Steel Institute. The mill capability utilization rate of 79.5 percent, up from 73.4 percent this time last year, once again flirted with the 80 percent benchmark sought by the industry.
Adjusted year-to-date producton through Sept. 22 totaled 68,601,000 net tons at a capability utilization rate of 77.5 percent, up 4.4 percent from the same period last year when the capability utilization was 74.4 percent.
