Prices
October 4, 2015
August Raw Steel Production
Written by Brett Linton
The American Iron & Steel Institute (AISI) recently reported final raw steel production estimates for the month of August 2015. The monthly estimates are different than the weekly estimates we report in our Tuesday issues; the AISI bases the monthly estimates on 75 percent of the domestic mills reporting vs. only 50 percent for the weekly estimates.
Total raw steel production for the month of August was reported to be 7,645,334 net tons with 4,678,605 tons being produced by electric arc furnaces (EAF) and 2,966,729 tons produced by blast furnaces. August raw steel production was reported by the AISI to have been 106,007 tons or 1.4 percent lower than the previous month.
