Steel Products Prices North America

Weekly Raw Steel Production at Nine Week High

Written by Brett Linton

For the week ending November 22, 2014, the American Iron & Steel Institute (AISI) estimated that the U.S. steel industry produced 1,882,000 net tons (NT) of raw steel, a 1.5 percent increase over the previous week and a 3.1 percent increase over the same week one year ago. The estimated capacity utilization rate is 78.2 percent, up from 77.1 percent last week and up from 76.2 percent last year. This is the highest production level seen since the week ending September 20, 2014 when production was at 1,891,000 tons and the capacity utilization rate was 78.6 percent.

Estimated total raw steel produced for 2014 YTD is reported to be 86,288,000 tons, up 0.5 percent from the 85,832,000 tons produced during the same period in 2013. The average capacity utilization rate for 2014 YTD is estimated to be 77.1 percent, up from 76.9 percent for 2013 YTD. Note that there has been a change in production capability for 2014; comparisons between 2013 and 2014 capacity utilization rates are against different production levels, so the total tonnage figures are best suited for yearly comparisons.

Week-over-week changes per district are as follows: North East at 241,000 tons, up 3,000 tons. Great Lakes at 677,000 tons, up 15,000 tons. Midwest at 242,000 tons, up 10,000 tons. South at 643,000 tons, up 8,000 tons. West at 79,000 tons, down 8,000 tons. Total production was 1,882,000 tons, up 28,000 tons.

SMU Note: You can view the interactive graphic on weekly raw steel production below when you are logged into the website and reading the newsletter online. If you have not logged into the website in the past and need your username and password, contact us at: or by calling 800-432-3475. If you need help navigating the website we would also be very happy to assist you.

{amchart id=”84″ Weekly Raw Steel Production from AISI}

Brett Linton

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