Steel Products Prices North America
May 3, 2022
Raw Steel Production, Capacity Utilization Slip: AISI
Written by David Schollaert
Raw steel production by US mills slipped last week, edging down following three weeks of gains. Domestic output totaled 1,775,000 net tons in the week ending April 30, while mill capacity utilization was 81.3%, the American Iron and Steel Institute (AISI) reported.
US output was down 0.5% versus the week prior and 3.2% below the same year-ago period when production was 1,834,000 net tons. Mill capacity utilization last week was 0.4 percentage points below the prior week but 0.5 percentage points above the same period one year ago when utilization was 80.8%.
