Steel Products
AISI Raw Steel Production New SMU Graphic
Written by John Packard
January 11, 2013
Based on the raw steel capability adjustment which was made by the American Iron and Steel Institute (AISI) as of the beginning of this year, SMU is adjusting the way we will present our visual data to our readers. We will begin to compare weekly production against the “revised” weekly production number from the comparable week from the prior year. As you can see by the graph below, the tonnage produced this past week is well below the tonnage produced one year ago. It is our opinion the existence of RG Steel had little to do with the production difference as those tons were easily absorbed by existing facilities along with the additional tons out of Severstal Columbus (new EAF).
Just to remind everyone – the AISI revised domestic mill capability for 1st Quarter 2013 to 30.8 million tons down from 32.7 million tons during 4th Quarter 2012 and down from 32.3 million tons compared to 1st Quarter 2012.

John Packard
Read more from John PackardLatest in Steel Products

SMU Community Chat replay now available
The latest SMU Community Chat webinar reply is now available on our website to all members. After logging in at steelmarketupdate.com, visit the community tab and look under the “previous webinars” section of the dropdown menu. All past Community Chat webinars are also available under that selection. If you need help accessing the webinar replay, or if your company […]

SSAB announces $74M expansion in Alabama
The project will expand heat treat capacity at its Axis, Alabama plant

Service centers: Mill orders retreat in March
SMU’s Mill Order Index declined in March after repeated gains at the start of the year, according to our latest service center inventories data.

Nucor maintains plate prices
Nucor aims to keep plate prices flat with the opening of its June order book.

US rig count up, Canada declines
Oil and gas drilling activity was mixed this week, according to Baker Hughes. US rig counts expanded for a second straight week, while Canadian activity continued its seasonal slowdown of eight consecutive weeks.