Steel Products Prices North America
January 28, 2020
Weekly Steel Production at 82.3 Percent
Written by Tim Triplett
Domestic steelmakers kept their their raw steel production rate above 82 percent of their capability in the week ending Jan. 25. Production totaled 1,919,000 net tons for a utilization rate of 82.3 percent, down a slight 0.5 percent from the previous week but up 2.6 percent compared with the same week last year, reported the American Iron and Steel Institute.
Adjusted year-to-date production through Jan. 25 totaled 6,855,000 net tons at a utilization rate of 82.3 percent. That’s up 2.6 percent from the same period last year when the rate was 80.4 percent.
