Steel Products Prices North America
August 13, 2019
U.S. Raw Steel Production Slips in June
Written by Brett Linton
Total U.S. raw steel production in the month of June declined 4.1 percent to 7,984,988 net tons, reports the American Iron and Steel Institute in Washington. This is the first time monthly production levels have dipped under eight million tons since February 2019. Although down over the previous month, June production is only slightly below the 2019 average of 8,141,097 tons and is up 2.6 percent compared to the same month last year. Also keep in mind May production was one of the higher levels seen in the past few years.
Broken down by production method, 5,364,846 tons (67.2 percent) were produced by electric arc furnaces (EAFs) and 2,620,142 tons (32.8 percent) were produced by blast furnaces.
