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    February 14, 2017

    Weekly Raw Steel Production at 1.74 Million Tons

    Written by Brett Linton

    For the week ending February 11, 2017, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,738,000 net tons of raw steel, a 0.9 percent increase over the previous week and a 1.7 percent increase over the revised rate from the same week one year ago. The estimated capacity utilization rate for steel production is 73.4 percent, up from 72.7 percent last week and up from 73.1 percent this time last year.

    Estimated total raw steel produced for 2017 YTD is reported to be 10,300,000 tons, up 5.1 percent from the 9,803,000 tons produced during the same period in 2016. The average capacity utilization rate for 2017 YTD is estimated to be 72.4 percent, up from 70.8 for 2016 YTD.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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