Steel Products Prices North America
May 21, 2019
Weekly Raw Steel Production Dips 1.4 Percent
Written by Tim Triplett
The U.S. mill capability utilization rate dipped slightly to 81.6 percent for the week ending May 18, while raw steel production declined by 1.4 percent from the previous week to 1,900,000 net tons. The week’s production represented a 5.1 percent increase from the same period last year, reported the American Iron and Steel Institute.
Adjusted year-to-date production through May 18 totaled 37,525,000 tons at an average capability utilization rate of 81.8 percent, a tonnage increase of 6.5 percent from the same period last year when the utilization rate was 76.6 percent
