Steel Products Prices North America

Raw Steel Production Through November Up 1.5 Percent Over 2013
Written by Brett Linton
December 30, 2014
The American Iron & Steel Institute (AISI) recently reported final raw steel production estimates for the month of November 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 November was reported to be 7,954,528 net tons with 4,937,514 tons being produced by electric arc furnaces (EAF) and 3,017,014 tons produced by blast furnaces. November raw steel production was reported by the AISI to have been 2.4 percent lower than the previous month.
Total raw steel production in 2014 throughout November is now 89,247,756 tons which is 1.5 percent above that of 2013 through the same time period. The capacity utilization rate for the month of November 2014 was reported to be 77.2 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

CRU: Q3 will be the lowest point in current sheet price cycle
CRU Principal Analyst Shankhadeep Mukherjee expects a restocking cycle for steel sheet products in most parts of the world due to either low inventories or seasonally stronger demand.

CRU: US rebar and wire rod prices rise alongside S232 increase
CRU Senior Steel Analyst Alexandra Anderson discusses current market and pricing dynamics for long steel products in the US.

SMU Price Ranges: Sheet and plate steady ahead of Independence Day
Sheet and plate prices were little changed in the shortened week ahead of Independence Day, according to SMU’s latest check of the market.

Nucor maintains plate prices, opens August order book
Nucor aims to keep plate prices flat again with the opening of its August order book.

Nucor CSP remains level at $900/ton
Nucor maintained its weekly list price for hot-rolled (HR) coil this week, following two consecutive increases.