Steel Mills
2013 Steel Production Was 2% Below 2012 Levels
Written by John Packard
July 24, 2014
WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) today announced the release of its 2013 Annual Statistical Report (ASR). The 2013 ASR shows that U.S. steel production, shipments, imports and exports all decreased in 2013 vs. 2012, as U.S. steel markets remained below pre-recession levels. U.S. steel shipments were at 95 million net tons, a one percent decrease from the previous year and an 11 percent increase from the most recent five-year average of 86 million net tons. U. S. Raw Steel Production was 96 million net tons in 2013, a two percent decrease over 2012. Construction and automotive continue to be the largest markets for steel.

John Packard
Read more from John PackardLatest in Steel Mills

SDI profits soar in Q3’25 amid ‘record’ steel shipments
Steel Dynamics Inc.’s third-quarter profits jumped year over year as the company saw “record” quarterly steel shipments

Cliffs leans hard into auto after aluminum supply chain shock
Cleveland-Cliffs executives pointed to growing automotive demand as the engine driving a turnaround at the company.

CMC to strengthen precast position with Foley Products acquisition
Commercial Metals Co. (CMC) will acquire Newman, Ga.-based Foley Products Co. for $1.48 billion, making it the number three US precast concrete producer.

Cliffs posts Q3 loss, but sees upside in slab contract exit and auto deals
Cleveland-Cliffs Inc. pointed to signs of recovery in its third-quarter earnings report on Monday. Improved automotive volumes and a better product mix drove sequential gains, but the steelmaker’s financials continue to bled red.

CMC Q4 profits rise on improved market conditions
CMC reported higher net earnings in its fiscal fourth quarter on "better market conditions" across its segments.