Steel Products Prices North America
May 7, 2019
Strong Week for Raw Steel Production
Written by Tim Triplett
U.S. raw steel production for the week ending May 4 increased by 1.1 percent from the previous week to 1,915,000 net tons, while the mill capability utilization rate bumped up almost a point to 82.3 percent. The week’s production represented a 6.6 percent increase from the same period last year, reported the American Iron and Steel Institute.
Adjusted year-to-date production through May 4 totaled 33,698,000 tons at an average capability utilization rate of 81.7 percent, an increase of 6.6 percent from the same period last year when the utilization rate was 76.4 percent
