Steel Products Prices North America
October 4, 2021
Steel Mill Utilization Still Hovering Around 85%
Written by David Schollaert
Domestic raw steel production slipped in the week ending Oct. 2, remaining just under the pandemic-era high seen the month prior. According to the American Iron and Steel Institute (AISI), production by U.S. mills was estimated at 1,827,000 net tons while the average mill utilization rate was 84.8%.
Output edged down slightly by 0.4 of a percentage point compared to the week prior when production was estimated at 1,880,000 net tons and average utilization was 85.2%. Last week’s production total represents a 21.6% increase from year-ago levels, when output was 1,540,000 net tons and utilization was 69.0%, and still impacted by pandemic-related measures.
