Steel Products Prices North America

Weekly Raw Steel Production Slips
Written by Brett Linton
February 3, 2015
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.
Week-over-week changes per district are as follows: Northeast at 217,000 tons, down 2,000 tons. Great Lakes at 670,000 tons, up 4,000 tons. Midwest at 226,000 tons, down 10,000 tons. South at 582,000 tons, down 32,000 tons. West at 87,000 tons, down 3,000 tons. Total production was 1,782,000 tons, down 43,000 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

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.

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.