Steel Products Prices North America

Weekly Raw Steel Production Drops
Written by Brett Linton
December 17, 2013
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.
The chart below is located on our website and is only visible to those who log into the new website.
{amchart id=”84″ Weekly Raw Steel Production from AISI}

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

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.

SMU price ranges: Steel prices rise in response to tariffs
Steel prices climbed for a second straight week across all five sheet and plate products tracked by SMU.