Steel Products Prices North America
June 18, 2019
Mill Capacity Utilization Tops 81 Percent
Written by Tim Triplett
U.S. steel mill utilization inched up a half percent after four weeks of small declines to 81.1 percent in the week ending June 15. Raw steel production for the week totaled 1,887,000 net tons, a 4.0 percent increase from the same period last year, reported the American Iron and Steel Institute.
Adjusted year-to-date production through June 15 totaled 44,997,000 net tons at an average capability utilization rate of 81.5 percent, a tonnage increase of 5.9 percent from the same period last year when the utilization rate was 76.7 percent
