• Skip to main content

    Product

    April 1, 2022

    Domestic Steel Production: Utilization Back Below 80%

    Written by David Schollaert

    Raw steel production by US mills slipped last week, with utilization rates edging back below the 80% mark. Domestic output totaled 1,726,000 net tons in the week ending March 26, while mill capacity utilization was 79.4%, reported the American Iron and Steel Institute (AISI).

    US output dipped 0.9% compared to the prior week and was 2.4% below the year-ago period when production was 1,768,000 net tons. Mill capacity utilization last week saw a 0.8 percentage point decline from the prior week but was still 1.4 percentage points above the same period one year ago.

    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.

    Read more from David Schollaert

    Latest in Product