Steel Products Prices North America
February 11, 2020
Weekly Steel Production Dips to 81.4 Percent
Written by Tim Triplett
Raw steel production in the week ending Feb. 8 totaled 1,899,000 net tons, a small 0.8 percent decline from the prior week, but still a healthy mill utilization rate of 81.4 percent. Production last week was down 0.9 percent from the same period last year, reported the American Iron and Steel Institute.
Adjusted year-to-date production through Feb. 8 totaled 10,668,000 net tons at a utilization rate of 82.1 percent. That’s up 1.8 percent from the same period last year when the average utilization rate was 81.3 percent.
