Steel Products Prices North America
April 23, 2019
Steel Mill Utilization Sees Slight Decline
Written by Tim Triplett
Steel mill utilization has declined by a percentage point in the past two weeks but remains near a healthy 82 percent, reported the American Iron and Steel Institute.
U.S. raw steel production for the week ending April 20 decreased by 0.6 percent from the previous week to 1,903,000 net tons, while the mill capability utilization rate inched down another half percentage point to 81.8 percent. The week’s production represented a 6.9 percent increase from the same period last year.
