Steel Products Prices North America
February 16, 2021
Weekly Steel Production Swings Back Up
Written by David Schollaert
Weekly raw steel production by U.S. mills continues to fluctuate–up five of the last seven weeks–as the week ending Feb. 13 totaled 1,743,000 net tons, up 2.2% from the week prior when production was 1,705,000 tons. The mill utilization rate was 76.9%, up from 75.2% one week ago, yet down 5.5% compared with the same period last year when production was 1,844,000 net tons.
Adjusted year-to-date production through Feb. 13 totaled 10,808,000 net tons, at an average utilization rate of 75.9%. That’s down 8.7% from the same period last year then the utilization rate was 82.2% and production was 11,837,000 net tons, AISI said.
