Steel Products Prices North America
April 16, 2019
Steel Mill Utilization Steady at 82-83 Percent
Written by Tim Triplett
Steel mill utilization around 82 to 83 percent appears to be the norm for 2019. U.S. raw steel production for the week ending April 13 decreased by 0.7 percent from the previous week to 1,915,000 net tons, while the mill capability utilization rate inched down a half percentage point to 82.3 percent. The week’s production represented a 7.6 percent increase from the same period last year, reported the American Iron and Steel Institute.
Adjusted year-to-date production through April 13 totaled 28,051,000 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 76.4 percent
