Great Lakes steel production dropped to 666,000 tons last week, down by 1.3 percent from 675,000 tons of output the previous week.So far this year, U.S. steelmakers have produced 20.8 million tons of steel, about 4.4 percent more than they did during the same period in 2016.

Domestic steelmakers used about 72.8 percent of their steelmaking capacity in the week that ended March 25, down from 73.7 percent the previous week, according to the American Iron and Steel Institute. That was up from 72.1 percent during the same time period in 2016.

Overall U.S. steel output fell by 22,000 tons last week to 1.72 million tons, a 1.2 percent decrease, according to the American Iron and Steel Institute.

Output in the Southern District, the second largest steel-producing region which spans mini-mills across the South, dropped to 594,000 tons last week, down from 616,000 tons the previous week.

 

Source:nwitimes.com

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