Steel Products Prices North America
October 13, 2015
Weekly Raw Steel Production Slips for Third Week
Written by Brett Linton
For the week ending October 10, 2015, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,705,000 net tons of raw steel, a 1.3 percent decrease over the previous week and a 7.3 percent decrease over the same week one year ago. The estimated capacity utilization rate is 71.3 percent, down from 72.2 percent last week and down from 76.5 percent this time last year.
Estimated total raw steel produced for 2015 YTD is reported to be 69,524,000 tons, down 8.0 percent from the 75,566,000 tons produced during the same period in 2014. The average capacity utilization rate for 2015 YTD is estimated to be 72.5 percent, down from 77.8 percent for 2014 YTD.
