Steel Products Prices North America
January 19, 2021
Weekly Raw Steel Production Up 1.7 Percent
Written by David Schollaert
Continuing the uptrend from last year, weekly raw steel production by U.S. mills totaled 1,738,000 net tons in the week ending Jan. 16, up 1.7 percent from the week prior when the total was 1,709,000 net tons. The mill utilization rate was 76.7 percent, up from 75.4 percent week on week, yet still down 8.8 percent compared to the same week in 2020 when the utilization was 82.4 percent.
Adjusted year-to-date production through Jan. 16 totaled 3,918,000 net tons, at an average utilization rate of 75.9 percent. That’s down 9.7 percent from the same period last year then the utilization rate was 82.4 percent and production was 4,337,000 net tons, AISI said.
