Prices
February 18, 2020
Steel Production Inches Up to 81.8 Percent
Written by Tim Triplett
Raw steel production in the week ending Feb. 15 totaled 1,907,000 net tons, a small 0.4 percent increase from the prior week to a strong mill utilization rate of 81.8 percent. Production last week was down 0.5 percent from the same period last year, reported the American Iron and Steel Institute.
Adjusted year-to-date production through Feb. 15 totaled 12,575,000 net tons at a utilization rate of 82.1 percent. That’s up 1.4 percent from production in the same period last year when the average utilization rate was 81.3 percent.

