Steel Products
January 4, 2013
AISI Estimated Raw Steel Production & SMU & AISI Capacity Utilization Rates (Dec. 29th)
Written by John Packard
The American Iron & Steel Institute (AISI) reported their estimated raw steel production data for the week ending December 29, 2012. According to AISI estimates the U.S. steel industry produced 1,827,000 net tons of raw steel last week. This represents a decrease of 0.7 percent compared to the week earlier and is 1.9 percent lower than the same week one year ago.
The AISI estimates the capacity utilization rate to be 73.9 percent. SMU estimates the true capacity utilization rate to be 78.5 percent after deducting RG Steel tonnage from the mix. As you can see the RG Steel tonnage can create quite a difference in the capacity utilization rates.
