Steel Products Prices North America
January 12, 2021
Weekly Steel Production Jumps 3.6 Percent
Written by David Schollaert
Weekly raw steel production by U.S. mills totaled 1,709,000 net tons in the week ending Jan. 9, up 3.6 percent from the week before when the total was 1,650,000 net tons. The mill utilization rate was 75.4 percent, up from 74.6 percent the week prior; however, down by 10.3 percent compared to the same week in 2020 when the utilization rate was 82.4 percent.
Adjusted year-to-date production through Jan. 9 was 2,180,000 net tons, at an average utilization rate of 75.2 percent. That’s down 10.4 percent from the same period last year then the utilization rate was 82.4 percent and production was 2,432,000 net tons, AISI said.
