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Great Lakes steel production falls by 18,000 tons
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Great Lakes steel production falls by 18,000 tons

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Great Lakes steel production falls by 18,000 tons

The United Steelworkers Local 1011 union hall in Indiana Harbor in East Chicago. Steel output dropped 2.5 percent in the Great Lakes region last week.

Raw steel production in the Great Lakes region dropped to 675,000 tons last week, a 2.6 percent decrease compared to 693,000 tons the week before.

Nationally, steel output so far this year continues to trail the sluggish 2015 pace by about 369,000 tons. 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 1.4 percent last week, according to an American Iron and Steel Institute estimate. Total U.S. raw steel production last week was about 1.712 million tons, down from 1.737 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.

Production in the Southern District, which spans mini-mills across the South, dropped to 596,000 tons last week, down from 601,000 tons the previous week.

Year-to-date steel output in the United States has been 47.4 million net tons, at a capacity utilization rate of 72.5 percent, according to the American Iron and Steel Institute.

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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.

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