Steel Products Prices North America
August 17, 2015
Weekly Raw Steel Production at 27 Week High
Written by Brett Linton
For the week ending August 15, 2015, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,768,000 net tons of raw steel, a 0.7 percent increase over the previous week but a 8.4 percent decrease over the same week one year ago. The estimated capacity utilization rate is 73.9 percent, up from 73.4 percent last week but down from 80.2 percent this time last year.
The last time raw production was at this level was for the week ending February 7, 2015 when production was at 1,769,000 tons at a capacity utilization rate of 74.8 percent. The last time the capacity utilization rate was this high was for the week ending June 13, 2015 when production was at 1,747,000 tons at a capacity utilization rate of 73.9 percent.
