Steel Products Prices North America
January 12, 2016
Weekly Raw Steel Production Jumps After Last Weeks Low
Written by Brett Linton
For the week ending January 9, 2016, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,594,000 net tons of raw steel, a 10.7 percent increase over the previous week but a 11.8 percent decrease over the same week one year ago. The estimated capacity utilization rate is 66.7 percent, up from 60.2 percent last week but down from 76.4 percent this time last year.
The last time raw steel production was this high was the week ending November 14, 2015 when 1,601,000 tons were produced at a capacity utilization rate of 67.0 percent.
