
Domestic Steel Production: Utilization Back Below 80%
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% […]