Steel Products Prices North America

AISI Estimated Raw Steel Production Rises 1.5%
Written by Brett Linton
November 18, 2013
For the week ending November 16, 2013, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,856,000 net tons of raw steel, a 1.5 percent increase over the previous week and a 6.4 increase over the same week one year ago. The estimated capacity utilization rate is 77.5 percent, up from 76.3 percent last week and up from 70.1 percent last year.
Estimated total raw steel produced for 2013 YTD is reported to be 85,043,000 NT, down 1.8 percent from the 86,623,000 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 75.5 percent for 2012 YTD.
Week-over-week changes per district are as follows: North East at 203,000 net tons, down 10,000 tons. Great Lakes at 668,000 NT, down 5,000 tons. Midwest at 250,000 NT, down 3,000 tons. South at 655,000 NT, up 40,000 tons. West at 80,000 NT, up 5,000 tons. Total production was 1,856,000 NT, up 27,000 tons.
{amchart id=”84″ Weekly Raw Steel Production from AISI}

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

SMU Price Ranges: HR holds, galv slips amid competing market narratives
SMU’s sheet and plate prices see-sawed this week as hot-rolled (HR) coil prices held their ground while prices for galvanized product slipped.

Nucor carries $875/ton HR list price into week seven
Nucor is keeping hot-rolled (HR) coil prices unchanged again this week, according to its latest consumer spot price (CSP) notice issued on Monday, Oct. 6

SMU Price Ranges: A newsy week sees modest price gains despite a quiet spot market
Market participants predicted that prices should be at or near a bottom. But while most seemed to agree on that point, many also said they saw little upside given a quiet spot market and ongoing concerns about demand.

Nucor increases plate prices by $60/ton
Nucor aims to increase prices for steel plate by $60 per short ton with the opening of its November order book.

Nucor’s $875/ton HR spot price spills into week six
Nucor is keeping hot-rolled (HR) coil prices unchanged again this week, according to its latest consumer spot price (CSP) notice issued on Monday, Sept. 29.