Steel Products Prices North America
January 22, 2019
Steel Production Tops 1.9 Million Tons for the Week
Written by Tim Triplett
Raw steel production by U.S. steelmakers in the week ending Jan. 19 totaled 1,912,000 net tons for a capability utilization of 80.7 percent. Steel production was up 1.1 percent from the prior week and up 11.5 percent from the same week last year when the utilization rate was 73.6 percent, reported the American Iron and Steel Institute.
Adjusted year-to-date production through Jan. 19, totaled 5,143,000 net tons, at an average capability utilization rate of 80.0 percent. That is up 10.5 percent from the 4,655,000 net tons during the same period last year, when the capability utilization rate was 73.6 percent.
