Weekly Raw Steel Production Increases

Tuesday, October 10, 2017 8:49 PM Written by 

U.S. raw steel production for the week ending Oct. 7 totaled 1,741,000 net tons, a 5.2 percent increase from the same period last year, and up 2.1 percent from the prior week. The mill capability utilization rate for the week averaged 74.7 percent, up from 73.2 percent the prior week and 70.8 percent the prior year, reports the American Iron and Steel Institute in Washington.

Adjusted year-to-date production through Oct. 7 totaled 69,545,000 net tons, up 3.7 percent from the same period last year. The average mill capability utilization rate for the year to date was 74.6 percent, up from 72.2 percent in 2016.



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Tim Triplett

Tim Triplett is the executive editor of Steel Market Update. Tim joined SMU after 20 years as editor-in-chief of Metal Center News Magazine. A journalist and business writer for 40 years, Tim holds an MBA from Aurora University. Tim can be reached at Tim@SteelMarketUpdate.com or by phone at 630-513-5916.

Website: https://www.steelmarketupdate.com
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