For the week ending March 4, 2017, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,760,000 net tons of raw steel, a 0.6 percent decrease over the previous week but a 3.8 percent increase over the revised rate from the same week one year ago. The estimated capacity utilization rate […]
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 week ending February 25, 2017, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,770,000 net tons of raw steel, a 0.2 percent increase over the previous week and a 3.6 percent increase over the revised rate from the same week one year ago. The estimated capacity utilization rate […]
For the week ending February 18, 2017, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,766,000 net tons of raw steel, a 1.6 percent increase over the previous week and a 3.3 percent increase over the revised rate from the same week one year ago. The estimated capacity utilization rate […]
The Metal Service Center Institute (MSCI) released shipment and inventories data for the steel service centers located in the United States. They reported higher shipment rates coupled with lower flat rolled inventories (higher overall for all products) which is very supportive for prices to tighten over the next 30 days. U.S. steel service centers (all […]
For the week ending February 11, 2017, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,738,000 net tons of raw steel, a 0.9 percent increase over the previous week and a 1.7 percent increase over the revised rate from the same week one year ago. The estimated capacity utilization rate […]
For the week ending February 4, 2017, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,723,000 net tons of raw steel, a 0.7 percent decrease over the previous week but a 3.5 percent increase over the revised rate from the same week one year ago. The estimated capacity utilization rate […]
The American Iron & Steel Institute (AISI) recently reported final U.S. raw steel production estimates for the month of December 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 week ending January 28, 2017, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,736,000 net tons of raw steel, a 1.9 percent increase over the previous week and a 8.0 percent increase over the revised rate from the same week one year ago. The estimated capacity utilization rate […]
US Steel may be about to sell its Kosice plant in Slovakia to Chinese company He Steel, according to rumors in the Slovakian press. The Slovak Spectator reports that economic daily Hospodárske Noviny wrote that US Steel and He Steel signed a memorandum of understanding in Pittsburgh on July 26. US Steel Kosice spokesperson Jan […]
For the week ending January 21, 2017, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,703,000 net tons of raw steel, a 0.8 percent decrease over the previous week but a 6.0 percent increase over the revised rate from the same week one year ago. The estimated capacity utilization rate […]
For the week ending January 14, 2017, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,716,000 net tons of raw steel, a 1.9 percent increase over the previous week and a 6.8 percent increase over the revised rate from the same week one year ago. The estimated capacity utilization rate […]
For the week ending January 7, 2017, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,684,000 net tons of raw steel, a 5.8 percent increase over the previous week and a 4.8 percent increase over the revised rate from the same week one year ago. The estimated capacity utilization rate […]
The American Iron & Steel Institute (AISI) recently reported final U.S. raw steel production estimates for the month of November 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 week ending December 31, 2016, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,592,000 net tons of raw steel, a 2.7 percent decrease over the previous week but a 7.2 percent increase over the same week one year ago (revised). The estimated capacity utilization rate is 67.1 percent, […]
For the week ending December 24, 2016, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,636,000 net tons of raw steel, a 3.4 percent decrease over the previous week but a 10.2 percent increase over the same week one year ago (revised). The estimated capacity utilization rate is 69.0 percent, […]
For the week ending December 17, 2016, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,694,000 net tons of raw steel, a 1.2 percent increase over the previous week and a 14.1 percent increase over the same week one year ago (revised). The estimated capacity utilization rate is 71.4 percent, […]
There are a number of players in the market that are overly concerned (in my opinion) about the restart of the USS Granite City hot strip mill (they are not yet restarting the two idled blast furnaces so they are not adding any new raw steel production into the market) and Mingo Junction (reported to […]
For the week ending December 10, 2016, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,674,000 net tons of raw steel, a 2.4 percent increase over the previous week and a 12.7 percent increase over the same week one year ago (revised). The estimated capacity utilization rate is 70.6 percent, […]
For the week ending December 3, 2016, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,635,000 net tons of raw steel, a 2.3 percent increase over the previous week and a 9.5 percent increase over the same week one year ago (revised). The estimated capacity utilization rate is 68.9 percent, […]
The American Iron & Steel Institute (AISI) recently reported final U.S. raw steel production estimates for the month of October 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 week ending November 26, 2016, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,598,000 net tons of raw steel, a 0.5 percent decrease over the previous week but a 6.5 percent increase over the same week one year ago. The estimated capacity utilization rate is 67.4 percent, down […]
For the week ending November 19, 2016, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,606,000 net tons of raw steel, a 1.6 percent increase over the previous week and a 7.1 percent increase over the same week one year ago. The estimated capacity utilization rate is 67.7 percent, up […]
For the week ending November 12, 2016, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,580,000 net tons of raw steel, a 1.4 percent decrease over the previous week but a 5.3 percent increase over the same week one year ago. The estimated capacity utilization rate is 66.6 percent, down […]
Since the 24nd week of this year weekly raw steel production has not beaten 2015 levels until this week. For the week ending November 5, 2016, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,602,000 net tons of raw steel, a 1.7 percent increase over the previous week and a […]
For the week ending October 29, 2016, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,575,000 net tons of raw steel, a 1.4 percent decrease over the previous week and a 3.3 percent decrease over the same week one year ago. The estimated capacity utilization rate is 66.4 percent, down […]
The American Iron & Steel Institute (AISI) recently reported final U.S. raw steel production estimates for the month of September 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 week ending October 22, 2016, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,597,000 net tons of raw steel, a 0.4 percent increase over the previous week but a 2.0 percent decrease over the same week one year ago. The estimated capacity utilization rate is 67.3 percent, up […]
For the week ending October 15, 2016, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,590,000 net tons of raw steel, a 0.3 percent increase over the previous week but a 2.4 percent decrease over the same week one year ago. The estimated capacity utilization rate is 67.0 percent, up […]
The conversation has begun regarding when flat rolled steel prices will end their slide and reverse course. Flat rolled steel prices have been in a steep decline since mid-June 2016 when benchmark hot rolled prices peaked at $635 per ton ($31.75/cwt, SMU index average) FOB domestic mill. Since then steel prices have retreated $145 per […]