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    February 2, 2021

    Marginal Gain for Weekly Steel Production

    Written by David Schollaert

    Weekly raw steel production by U.S. mills totaled 1,725,000 net tons in the week ending Jan. 30, resuming a positive move after a small dip the week prior. Production was up 0.5 percent from the week before when the total was 1,717,000 net tons. The mill utilization rate was 76.1 percent, up from 75.7 percent week on week, yet down 9.7 percent compared to the same week in 2020 when mill utilization was 82.4 percent.

    Adjusted year-to-date production through Jan. 30 totaled 7,360,000 net tons, at an average utilization rate of 75.9 percent. That’s down 9.7 percent from the same period last year then the utilization rate was 82.4 percent and production was 8,149,000 net tons, AISI said.

    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.

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