Prices
November 25, 2014
October Raw Steel Production Improves M-O-M
Written by Brett Linton
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.
