Steel Products Prices North America
February 18, 2020
Steel Production Inches Up to 81.8 Percent
Written by Tim Triplett
Raw steel production in the week ending Feb. 15 totaled 1,907,000 net tons, a small 0.4 percent increase from the prior week to a strong mill utilization rate of 81.8 percent. Production last week was down 0.5 percent from the same period last year, reported the American Iron and Steel Institute.
Adjusted year-to-date production through Feb. 15 totaled 12,575,000 net tons at a utilization rate of 82.1 percent. That’s up 1.4 percent from production in the same period last year when the average utilization rate was 81.3 percent.
