Weekly Raw Steel Production Climbs Further

Raw steel production by domestic mills improved for the second straight week, totaling 1,833,000 net tons in the week ending Jan. 15. The increase marked a 5.6% gain over the same period last year and up 1.1% from the prior week when production was 1,813,000 tons, reported the American Iron and Steel Institute.

Mill capacity utilization last week averaged 83.2%, an increase of 0.9 percentage point from the prior week and up 6.6 percentage points versus the same year-ago period.

David Schollaert

David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

David Schollaert

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