Steel Products Prices North America
April 7, 2015
Domestic Raw Steel Production at 5 Year Low
Written by Brett Linton
For the week ending April 4, 2015, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,600,000 net tons of raw steel, a 1.7 percent decrease over the previous week and a 13.7 percent decrease over the same week one year ago. The estimated capacity utilization rate is 67.7 percent, down from 68.9 percent last week and down from 77.1 percent last year.
The last time raw steel production was this low was in the week ending January 30, 2010 when it was 1,594,000 tons and the capacity utilization rate was 66.9 percent. The last time the capacity utilization rate was this low was for the week ending November 6, 2010 when it was 66.8 percent and production was at 1,615,000 tons.
