Steel Products Prices North America
November 24, 2015
Weekly Raw Steel Production Now at January 2010 Levels
Written by Brett Linton
For the week ending November 21, 2015, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,562,000 net tons of raw steel, a 2.4 percent decrease over the previous week and a 15.8 percent decrease over the same week one year ago. The estimated capacity utilization rate is 65.3 percent, down from 67.0 percent last week and down from 77.2 percent this time last year.
The last time raw production was this low was the week ending January 9, 2010 when 1,525,000 tons were produced at a capacity utilization rate of 63.9 percent. The last time the capacity utilization rate was this low was the week ending January 16, 2010 when 1,564,000 tons were produced at a capacity utilization rate of 64.7 percent.
