Steel Products Prices North America
November 29, 2021
Weekly Raw Steel Production Slips Again
Written by David Schollaert
Domestic raw steel production slipped in the week ending Dec. 4, down for the second straight week. U.S. mills produced an estimated at 1,807,000 net tons during the week, while the average mill utilization rate dipped to 81.9%, according to the American Iron and Steel Institute (AISI).
Production was down an estimated 1.6% compared to the previous week when output was assessed at 1,837,000 net tons and average utilization was 83.2%. Production has declined nearly 3.0% over the past two weeks.
