Steel Products Prices North America
June 21, 2022
Utilization Slips But Still Over 80%: AISI
Written by David Schollaert
Raw steel production by US mills continued its seesaw trend last week, edging down after inching up the week prior. Domestic capacity utilization slipped to 80.5% while mill production totaled 1,758,000 net tons in the week ending June 18, the American Iron and Steel Institute reported.
US output was down 1.5% versus the week prior and 4.7% below the same year-ago period when production was 1,844,000 net tons. Mill capacity utilization last week was 1.2 percentage points below the prior week and 2.5 percentage points below the same period one year ago when utilization was 83%.
