Steel Products Prices North America
November 19, 2019
Weekly Mill Capacity Utilization Tops 81 Percent
Written by Tim Triplett
Raw steel output by U.S. mills increased slightly in the week ending Nov. 16, taking the average mill utilization up to 81.1 percent from 80.5 percent the week before. Production totaled 1,876,000 net tons last week, up 0.8 percent from the previous week but down 1.4 percent compared with the same week last year, reported the American Iron and Steel Institute.
Adjusted year-to-date production through Nov. 16 totaled 85,337,000 net tons for the year at an average mill utilization of 80.3 percent–up 2.3 percent from 2018 when the year-to-date utilization rate was 78.1 percent.
