Prices
February 3, 2015
Weekly Raw Steel Production Slips
Written by Brett Linton
For the week ending January 31, 2015, the American Iron & Steel Institute (AISI) estimated that the U.S. steel industry produced 1,782,000 net tons (NT) of raw steel, a 2.4 percent decrease over the previous week and a 2.3 percent decrease over the same week one year ago. The estimated capacity utilization rate is 75.4 percent, down from 75.9 percent last week and down from 75.8 percent last year.
Estimated total raw steel produced for 2015 YTD is reported to be 8,108,000 tons, up 0.4 percent from the 8,079,000 tons produced during the same period in 2014. The average capacity utilization rate for 2015 YTD is estimated to be 77.4 percent, up from 75.8 percent for 2014 YTD.
