Steel Products Prices North America
August 3, 2015
Weekly Raw Steel Production at 4 Month High
Written by Brett Linton
For the week ending August 1, 2015, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,760,000 net tons of raw steel, a 1.1 percent increase over the previous week but a 8.0 percent decrease over the same week one year ago. The estimated capacity utilization rate is 73.6 percent, up from 72.8 percent last week but down from 79.6 percent this time last year.
The last time production was this high was for the week ending February 14, 2015 with 1,760,000 tons produced at a capacity utilization rate of 74.4 percent. The last time the capacity utilization rate was this high was for the week ending June 13, 2015 with 1,747,000 tons produced at a capacity utilization rate of 73.9 percent.
