Steel Products Prices North America

October Raw Steel Production Improves M-O-M
Written by Brett Linton
November 25, 2014
The American Iron & Steel Institute (AISI) recently reported final raw steel production estimates for the month of October 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 October was reported to be 8,147,661 net tons with 5,183,707 tons being produced by electric arc furnaces (EAF) and 2,963,954 tons produced by blast furnaces. October raw steel production was reported by the AISI to have been 1.2 percent higher than the previous month.
Total raw steel production in 2014 throughout October is now 81,293,228 tons which is 1.5 percent above that of 2013 through the same time period. The capacity utilization rate for the month of October 2014 was reported to be 76.5 percent and 77.8 percent for 2014 Year to date. (Source: AISI)
SMU Note: You can view the interactive graphic of our raw steel production history below, but only when you are logged in and reading the newsletter on our website. If you need help logging into the website or navigating through it, please contact us at: info@SteelMarketUpdate.com or by calling 800-432-3475.
{amchart id=”131″ Monthly Raw Steel Production from AISI – AIS 7}

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

SMU price ranges: Flat-rolled balloon continues to leak
Sheet and plate prices were flat or lower again this week on continued concerns about demand and higher production rates among US mills.

HRC vs. busheling spread narrows in August
The price spread between prime scrap and hot-rolled coil (HRC) narrowed in August, according to SMU’s most recent pricing data.

SMU Price Ranges: Market drifts lower still
All five of SMU's steel sheet and plate price indices declined this week, falling to lows last seen in February.

Discontentment brews in plate market with flat, status-quo pricing
Sources in the carbon and alloy steel plate market said they are less discouraged by market uncertainty resulting from tariffs or foreign relations, but are instead, eager to see disruption to the flat pricing environment.

Nucor lowers HR coil spot price by $15/ton
Nucor has implemented a double-digit price decrease on spot hot-rolled (HR) coil for the second consecutive week.