Steel Products Prices North America
October 22, 2019
Weekly Raw Steel Production Inches Up
Written by Tim Triplett
Raw steel output by U.S. mills saw a small increase in the week ending Oct. 19. Production totaled 1,841,000 net tons at a mill utilization rate of 79.6 percent, up 1.1 percent from the previous week but down 1.9 percent compared with the same week last year, reported the American Iron and Steel Institute.
Adjusted year-to-date production through Oct. 19 totaled 77,919,000 net tons for the year at an average mill utilization of 80.3 percent–up 2.8 percent from 2018 when the year-to-date utilization rate was 77.5 percent.
