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    Mill Utilization Edges Back Up Above 85%

    Written by David Schollaert


    Domestic raw steel production crept up in the week ending Sept. 25, recovering from the slight dip the week prior and landing just under the pandemic-era high seen earlier in the month. According to the American Iron and Steel Institute (AISI), production by U.S. mills was estimated at 1,880,000 net tons while the average utilization rate was 85.2%.

    Weekly output rose by 0.3% compared to the week prior when production was 1,874,000 net tons and average utilization was 84.9%. Last week’s production total represents a 22.3% increase from year-ago levels, when output was 1,537,000 net tons and utilization was just 68.6% due to disruptions from COVID-19.

    David Schollaert

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