Steel Products
AISI Raw Steel Production for 2012 Up 2.7% Over 2011
Written by Brett Linton
February 1, 2013
Written by: Brett Linton
The American Iron & Steel Institute (AISI) reported their final raw steel production numbers for the month of December 2012. This estimation is different than the weekly raw steel production as it is based on 75 percent of the domestic mills reporting versus 50 percent for the weekly estimates.
Total raw steel production for the month of December was reported to be 7,904,173 net tons with 4,707,511 NT being produced by electric arc furnaces (EAF) and 3,196,662 NT produced by blast furnaces.
December 2012 production was reported by the AISI to have been 5.8 percent higher than November 2012 raw steel production.
Total raw steel production for 2012 through the month of December is now 97,769,374 NT which is 2.7 percent above that of 2011.
Capacity utilization rate for the month of December was reported by the AISI to be 71.7 percent and for the calendar year the utilization rate is reported to have been 75.2 percent. (Source: AISI)

 
			    			
			    		Brett Linton
Read more from Brett LintonLatest in Steel Products
 
		                                FGM-Pacesetter expands into Houston with NSPS Metals deal
Flack Global Metals (FGM) announced Thursday that it would expand into Texas by assuming the Houston operations of NSPS Metals.
 
		                                Ryerson reports net loss in Q3 as weak demand offsets tariff price support
President and CEO Eddie Lehner said Ryerson has faced market headwinds in the third quarter.
 
		                                HARDI: Galv demand improves in October, higher prices expected in new year
Participants on this month’s Heating Air-Conditioning & Refrigeration Distributors International (HARDI) Sheet Metal/Air Handling Council call expect galvanized steel base prices to firm up in the first quarter of 2026.
 
		                                Global steel production falls to near two-year low in September
World crude steel output declined for the fourth-consecutive month in September, slipping 3% from August to an estimated 141.8 million metric tons (mt), according to the latest figures from the World Steel Association (worldsteel).
 
		                                Market sources say regional activity is dictating plate demand
Demand for plate on the spot market remains soft by comparison to years past. However, this week regional demand variations grew more pronounced.
