Prices
November 2, 2014
September Raw Steel Production Lowest since April
Written by Brett Linton
The American Iron & Steel Institute (AISI) reported their final raw steel production numbers for the month of September 2014. This estimation is different than the weekly raw steel production as it is based on 75 percent of the domestic mills reporting vs. 50 percent for the weekly estimates.
Total raw steel production for the month of September was reported to be 8,048,954 net tons with 5,026,395 tons being produced by electric arc furnaces (EAF) and 3,022,559 tons produced by blast furnaces. September raw steel production was reported by the AISI to have been 5.8 percent lower than the previous month. The last time production was this low was for the month of April 2014 when 7,891,258 tons were produced.
