Prices
December 17, 2013
Weekly Raw Steel Production Drops
Written by Brett Linton
For the week ending December 14, 2013, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,818,000 net tons of raw steel, a 0.6 percent decrease over the previous week but a 1.8 percent increase over the same week one year ago. The estimated capacity utilization rate is 75.9 percent, down from 76.3 percent last week but up from 71.7 percent last year.
Estimated total raw steel produced for 2013 YTD is reported to be 92,352,000 NT, down 1.4 percent from the 93,679,000 NT produced through the same period in 2012. The average capacity utilization rate for 2013 YTD is estimated to be 77.1 percent, up from 75.2 percent for 2012 YTD.
