Great Lakes Steel Production Rose By 12,000 Tons
17 August 2016
Nationally, steel output so far this year continues to trail the anemic 2015 pace by about 440,000 tons, a decline of 1 percent. In 2015, steel production in the United States declined by 10.5 percent from the year before, according to the World Steel Association.
Overall U.S. steel output fell by 14,000 tons or 0.82 percent last week, according to an American Iron and Steel Institute estimate. Total U.S. raw steel production last week was about 1.685 million tons, down from 1.697 million tons a week earlier.
Most of the raw steel production in the Great Lakes region takes place in the Chicago area, mainly in Lake and Porter counties. Indiana, which also has steelmaking operations in Fort Wayne and Crawfordsville, has led the nation in steel production for 35 straight years, largely because of the big local mills on the Lake Michigan shoreline.
Production in the Southern District, which spans mini-mills across the South, dropped to 575,000 tons last week, down from 603,000 tons the previous week.
Year-to-date steel output in the United States has been 55.9 million net tons, at a capacity utilization rate of 72.5 percent, according to the American Iron and Steel Institute. It was 56.5 million tons at a capacity utilization of 72.3 percent at the same point in 2015.
Source : nwitimes.com