Steel Products Prices North America
April 30, 2019
Steel Mill Utilization Stays Above 81 Percent
Written by Tim Triplett
U.S. raw steel production for the week ending April 27 decreased by 0.4 percent from the previous week to 1,895,000 net tons, while the mill capability utilization rate inched down to 81.4 percent. The week’s production represented a 6.5 percent increase from the same period last year, reported the American Iron and Steel Institute.
Adjusted year-to-date production through April 27 totaled 31,849,000 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
