Steel Products Prices North America
November 9, 2015
Weekly Raw Steel Production Continues Downward Slide
Written by Brett Linton
For the week ending November 7, 2015, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,618,000 net tons of raw steel, a 1.4 percent decrease over the previous week and a 12.8 percent decrease over the same week one year ago. The estimated capacity utilization rate is 67.7 percent, down from 68.6 percent last week and down from 77.2 percent this time last year.
The last time raw production and the capacity utilization rate was this low was the week ending April 4, 2015 when 1,600,000 tons were produced at a capacity utilization rate of 67.7 percent.
