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.
Week-over-week changes per district are as follows: North East at 214,000 net tons, down 1,000 tons. Great Lakes at 685,000 NT, down 23,000 tons. Midwest at 248,000 NT, up 3,000 tons. South at 583,000 NT, up 9,000 tons. West at 88,000 NT, up 1,000 tons. Total production was 1,818,000 NT, down 11,000 tons.
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{amchart id=”84″ Weekly Raw Steel Production from AISI}
