Steel Products Prices North America
April 9, 2019
Mill Capacity Utilization Nears 83 Percent
Written by Tim Triplett
U.S. raw steel production for the week ending April 6 increased by 0.8 percent from the previous week to 1,928,000 net tons, while the mill capability utilization rate inched up by about a half percentage point to 82.8 percent. The week’s production represented a 7.9 percent increase from the same period last year, reported the American Iron and Steel Institute.
Adjusted year-to-date production through April 6 totaled 26,136,000 tons at an average capability utilization rate of 81.9 percent, an increase of 6.8 percent from the same period last year when the utilization rate was 76.5 percent
