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
CRU: Excessive global supply could hit rebar mill investments in US
Following the onset of the war in Ukraine in March 2022, concerns about import availability and expectations of rising demand from President Biden’s Infrastructure Bill pushed US rebar prices to record highs. In response, a flurry of new mills and capacity expansions were announced to meet the rise in demand from growth in the construction […]
Steel buyer spirits tempered by soft spot market conditions
Steel sheet buyers report feeling bogged down by the ongoing stresses of stagnant demand, news fatigue, tariff negotiations or implementation timelines, and persistent macroeconomic uncertainty.
CRU: US stainless prices to rise on expanded S232 tariffs
Stainless prices in the US market will rise, following price increases by major US producers. Our base case scenario incorporates higher US prices in the near term, despite the initial negative reaction by the market. US stainless prices will go up in 2025 H2 and will stay elevated in 2026 as tariffs on stainless […]
Galvanized steel demand unsteady amid lingering buyer fatigue: HARDI
Uneven demand for galvanized steel in June reflects a market that remains mired in uncertainty, according to industry sources.
OCTG industry salutes Customs for catching trade crooks
The US OCTG Manufacturers Association is commending US Customs for intercepting another Thai company's attempt to illegally transship Chinese oil pipe to the US.