Steel Products Prices North America
December 1, 2015
Weekly Raw Steel Production Tumbles Further
Written by Brett Linton
For the week ending November 28, 2015, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,487,000 net tons of raw steel, a 4.8 percent decrease over the previous week and a 19.9 percent decrease over the same week one year ago. The estimated capacity utilization rate is 62.2 percent, down from 65.3 percent last week and down from 77.2 percent this time last year.
The last time raw production and the capacity utilization rate were this low was the week ending January 2, 2010 when 1,468,000 tons were produced at a capacity utilization rate of 61.5 percent.
