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    June 28, 2016

    May Raw Steel Production at 9 Month High

    Written by Brett Linton

    The American Iron & Steel Institute (AISI) recently reported final U.S. raw steel production estimates for the month of May 2016. The monthly estimates are different than the weekly estimates we report in our Tuesday issues; the AISI bases the monthly estimates on over 75 percent of the domestic mills reporting vs. only 50 percent for the weekly estimates.

    Total raw steel production for the month of May was reported to be 7,693,546 net tons with 5,252,885 tons being produced by electric arc furnaces (EAF) and 2,440,661 tons produced by blast furnaces. May raw steel production was reported to be 416,985 tons or 5.7 percent higher than the previous month and 149,067 tons or 2.0 percent higher over the same month last year. May production levels are at the highest seen since July 2015 when total raw production was 7,751,341 tons.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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