Steel Products Prices North America

Weekly Raw Steel Production, Capacity Utilization Down from Last Year

January 9, 2018

U.S. raw steel production for the week ending Jan. 6 totaled 1,649,000 net tons, a 5.0 percent decrease from the same period last year, but up 0.7 percent from the prior week. The mill capability utilization rate for the week averaged 70.7 percent, up from 70.2 percent the prior week but down from 74.5 percent the prior year, reports the American Iron and Steel Institute in Washington.

Following is production by district for the week of Jan. 6: North East: 215,000 net tons; Great Lakes, 640,000 net tons; Midwest, 158,000 net tons; South, 570,000 net tons; and West, 66,000 net tons, for a total of 1,649,000.

The raw steel production tonnage provided in this report is estimated. The figures are compiled from weekly production tonnage from 50 percent of the domestic producers combined with monthly production data for the remainder. Therefore, this report should be used primarily to assess production trends. The AISI monthly production report provides a more detailed summary of steel production based on data supplied by companies representing 75 percent of U.S. production capacity.

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