Steel Products Prices North America

Weekly Raw Steel Production Begins Year with Strong Start
Written by Brett Linton
January 6, 2015
For the week ending January 2, 2015, the American Iron & Steel Institute (AISI) estimated that the U.S. steel industry produced 1,857,000 net tons (NT) of raw steel, a 6.4 percent increase over the previous week and a 3.9 percent increase over the same week one year ago. The estimated capacity utilization rate is 77.2 percent, up from 72.6 percent last week and up from 74.5 percent last year.
Week-over-week changes per district are as follows: Northeast at 230,000 tons, down 8,000 tons. Great Lakes at 660,000 tons, up 6,000 tons. Midwest at 234,000 tons, up 12,000 tons. South at 663,000 tons, up 107,000 tons. West at 70,000 tons, down 6,000 tons. Total production was 1,857,000 tons, up 111,000 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 info@SteelMarketUpdate.com 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
Read more from Brett LintonLatest in Steel Products Prices North America

BREAKING NEWS: Cliffs raises prices, seeks $950/ton for July spot HR
Cleveland-Cliffs plans to increase prices for hot-rolled (HR) coil to $950 per short ton (st) with the opening of its July spot order book. The Cleveland-based steelmaker said the price hike was effective immediately in a letter to customers dated Monday.

HRC vs. prime scrap spread widens in June
The price spread between HRC and prime scrap widened in June.

SMU price ranges: Steel prices rise in response to tariffs
Steel prices climbed for a second straight week across all five sheet and plate products tracked by SMU.

Nucor lifts list price for spot HRC by $20/ton
The $20/short ton increase applies to all of the steelmaker’s sheet mills, including West Coast joint-venture subsidiary CSI.

Nucor pauses month-long slide in weekly HR price
Nucor halted a four-week decline in its spot price for hot-rolled coil this week, maintaining its weekly consumer spot price (CSP) at $870/st.