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Local steel output rises by 22,000 tons
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Great Lakes region

Local steel output rises by 22,000 tons

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Local steel output rises by 22,000 tons

ArcelorMittal Indiana Harbor. Great Lakes steel output rose by 3.2 percent last week.

Raw steel production in the Great Lakes region shot up to 693,000 tons last week, a 3.2 percent increase compared to 671,000 tons the week before.

Nationally, steel output so far this year continues to trail the anemic 2015 pace by about 260,000 tons. In 2015, steel production in the United States declined by 10.5 percent from the year before to 78.9 million tons, according to the World Steel Association.

Overall U.S. steel output fell by 1.1 percent last week, according to an American Iron and Steel Institute estimate. Total U.S. raw steel production last week was about 1.737 million tons, down from 1.757 million tons a week earlier.

Most of the raw steel production in the Great Lakes region takes place in the Chicago area, mainly Lake and Porter counties in the Calumet Region.

Production in the Southern District, which spans mini-mills across the South, dropped to 601,000 tons last week, down from 623,000 tons the previous week.

Year-to-date steel output in the United States has been 45.7 million net tons, at a capacity utilization rate of 72.4 percent, according to the American Iron and Steel Institute. Output had been 46 million tons at the same time in 2015.

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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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