Steel Products Prices North America
September 30, 2014
August 2014 Raw Steel Production
Written by John Packard
Raw steel production is reported on a weekly basis and then on a monthly basis by the American Iron and Steel Institute (AISI). The weekly report, like the one we have published in today’s newsletter, is based on a response rate of approximately 50 percent of the producing steel mills. The weekly report is then estimated as to exactly how much raw steel was produced.
The monthly report is produced approximately three to four weeks after the month has concluded and the data supplied is based on approximately 75 percent of the producing mills participating in providing data. The monthly report does not match the weekly production statistics and is more accurate due to the higher participation rate.
