Steel Products Prices North America
May 17, 2016
Weekly Raw Steel Production Flat at 1.73 Million Tons
Written by Brett Linton
For the week ending May 14, 2016, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,727,000 net tons of raw steel, a 1.2 percent decrease over the previous week, but a 1.3 percent increase over the same week one year ago. The estimated capacity utilization rate is 73.9 percent, down from 74.7 percent last week, but up from 72.1 percent this time last year.
Estimated total raw steel produced for 2016 YTD is reported to be 33,484,000 tons, down 1.2 percent from the 33,900,000 tons produced during the same period in 2015. The average capacity utilization rate for 2016 YTD is estimated to be 71.6 percent, unchanged from 71.6 percent for 2015 YTD.
