Subscribe for 33¢ / day
Local, national steel output down last week

A new reclaimer stacker was installed at ArcelorMittal Burns Harbor last year. Great Lakes steel production feel by 5,000 tons last week.

Great Lakes steel production dipped to 689,000 tons last week, down slightly from 694,000 tons of output the previous week.

So far this year, U.S. steelmakers have produced 15.5 million tons of steel, about 4.6 percent more than they did during the same period in 2016.

Domestic steelmakers used about 74.3 percent of their steelmaking capacity in the week that ended March 4, down from 74.7 percent the previous week, according to the American Iron and Steel Institute. It was up from 72.5 percent during the same time period in 2016 but remains well below the 90 percent capacity utilization some analysts consider as healthy.

Overall U.S. steel output ticked down slightly by 10,000 tons last week to 1.76 million tons, according to the American Iron and Steel Institute.

Output in the Southern District, which spans mini-mills across the South, fell to 627,000 tons last week, down from 629,000 tons the previous week. 

Source: American Iron and Steel Institute


Business reporter

Joseph S. Pete is a Lisagor Award-winning business reporter who covers steel, industry, unions, the ports, retail, banking and more. The Indiana University grad has been with The Times since 2013 and blogs about craft beer, culture and the military.