Steel Products Prices North America
September 14, 2015
Weekly Raw Steel Production at 18 Week Low
Written by Brett Linton
For the week ending September 12, 2015, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,694,000 net tons of raw steel, a 2.7 percent decrease over the previous week and a 9.8 percent decrease over the same week one year ago. The estimated capacity utilization rate is 70.9 percent, down from 72.8 percent last week and down from 78.1 percent this time last year.
The last time raw steel production was this low was the week ending May 9, 2015 when 1,665,000 tons were produced at a capacity utilization rate of 70.4 percent.
