Steel Products Prices North America

AISI Estimated Raw Steel Production & Capacity Utilization Rates
Written by Brett Linton
September 16, 2013
For the week ending September 14, 2013, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,843,000 net tons of raw steel, a 1.5 percent decrease over the previous week but a 5.3 increase over the same week one year ago. The estimated capacity utilization rate is 76.9 percent, down from 78.1 percent last week but up from 70.4 percent last year.
Estimated total raw steel produced for 2013 YTD is reported to be 68,424,000 NT, down 3.8 percent from the 71,142,000 NT produced through the same period in 2012. The average capacity utilization rate for 2013 YTD is estimated to be 77.2 percent, up from 77.0 percent for 2012 YTD.
Week-over-week changes per district are as follows: North East at 210,000 net tons, down 5,000 tons. Great Lakes at 657,000 NT, up 2,000 tons. Midwest at 239,000 NT, down 8,000 tons. South at 669,000 NT, down 2,000 tons. West at 68,000 NT, down 16,000 tons. Total production was 1,843,000 NT, down 29,000 tons.
{amchart id=”84″ Weekly Raw Steel Production 8.13.13}

Brett Linton
Read more from Brett LintonLatest in Steel Products Prices North America

SMU Price Ranges: Sheet and plate steady ahead of Independence Day
Sheet and plate prices were little changed in the shortened week ahead of Independence Day, according to SMU’s latest check of the market.

Nucor maintains plate prices, opens August order book
Nucor aims to keep plate prices flat again with the opening of its August order book.

Nucor CSP remains level at $900/ton
Nucor maintained its weekly list price for hot-rolled (HR) coil this week, following two consecutive increases.

Cliffs raises prices, seeks $950/ton for July spot HR
Cleveland-Cliffs plans to increase prices for hot-rolled (HR) coil to $950 per short ton (st) with the opening of its July spot order book. The Cleveland-based steelmaker said the price hike was effective immediately in a letter to customers dated Monday.

HRC vs. prime scrap spread widens in June
The price spread between HRC and prime scrap widened in June.