Over the holidays, domestic raw steel production increased for the third consecutive week, according to a new report from Majestic Steel.
U.S. mills produced an estimated 1,876k tons at an 81.1 percent utilization rate, up from 1,866k tons and an 80.7 percent rate previously, and production increased in three of the five regions. From the report, "the largest increase (in tons) comes out of the Great Lakes region. Production from the Great Lakes region climbed from 681k tons to 704k tons. Raw steel production ended the year at 99,534k tons, up 5.4 percent from 2018 raw steel production of 94,435k tons."