Prices
December 22, 2015
Weekly Raw Steel Production Slips Again
Written by Brett Linton
For the week ending December 19, 2015, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,523,000 net tons of raw steel, a 0.8 percent decrease over the previous week and a 15.2 percent decrease over the same week one year ago. The estimated capacity utilization rate is 63.7 percent, down from 64.2 percent last week and down from 74.6 percent this time last year.
Estimated total raw steel produced for 2015 YTD is reported to be 85,387,000 tons, down 9.1 percent from the 93,911,000 tons produced during the same period in 2014. The average capacity utilization rate for 2015 YTD is estimated to be 71.2 percent, down from 77.5 percent for 2014 YTD.
