Prices
November 3, 2015
September Raw Steel Production Down 417K Tons Over October
Written by Brett Linton
The American Iron & Steel Institute (AISI) recently reported final raw steel production estimates for the month of September 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 September was reported to be 7,227,878 net tons with 4,594,357 tons being produced by electric arc furnaces (EAF) and 2,633,521 tons produced by blast furnaces. September raw steel production was reported to be 417,456 tons or 5.5 percent lower than the previous month and down 821,076 tons or 10.2 percent from the same month last year.
