Steel Products Prices North America
February 19, 2019
Mill Utilization Averaging Nearly 81 Percent in 2019
Written by Tim Triplett
The U.S. steel industry has produced 12,737,000 tons of steel so far in 2019, an 8.4 percent increase from the same period last year. Mill utilization has averaged 80.7 percent this year, up substantially from the 75.7 percent in 2018, reported the American Iron and Steel Institute.
For the week ending Feb. 16, the average capability utilization for U.S. steelmakers dipped slightly to 81.0 percent, with the mills producing 1,886,000 net tons of steel. Production decreased by 0.6 percent from the prior week but was up 3.8 percent from the same week the prior year.
