Prices
March 2, 2017
January 2017 Raw Steel Production at 7.7 Million Tons
Written by Brett Linton
The American Iron & Steel Institute (AISI) recently reported final U.S. raw steel production estimates for the month of January 2017. 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 January was reported to be 7,688,725 net tons with 5,219,837 tons being produced by electric arc furnaces (EAF) and 2,468,888 tons produced by blast furnaces. January raw steel production was reported to be 571,145 tons or 8.0 percent higher than the previous month and 571,948 tons or 8.0 percent higher than the same month last year.

