Steel Products Prices North America
January 7, 2020
Mills Start Year at 82 Percent of Capacity
Written by Tim Triplett
Despite the holidays, domestic steelmakers managed to increase their mill utilization to 82.0 percent in the week ending Jan. 4. The last time weekly production was that high was in May 2019. Raw steel production totaled 1,898,000 net tons, up 1.2 percent from the previous week and up 2.0 percent compared with the same week last year, reported the American Iron and Steel Institute.
Following is production by district for the Jan. 4 week: North East: 232,000 net tons; Great Lakes, 666,000 net tons; Midwest, 209,000 net tons; South, 698,000 net tons; and West, 93,000 net tons, for a total of 1,898,000 tons. Production for the week was up in every region except the Great Lakes.
