Steel Products Prices North America
January 5, 2017
November Raw Steel Production Steady at 6.8 Million Tons
Written by Brett Linton
The American Iron & Steel Institute (AISI) recently reported final U.S. raw steel production estimates for the month of November 2016. The monthly estimates are different than the weekly estimates we report in our Tuesday issues; the AISI bases the monthly estimates on over 75 percent of the domestic mills reporting vs. only 50 percent for the weekly estimates.
Total raw steel production for the month of November was reported to be 6,817,458 net tons with 4,696,589 tons being produced by electric arc furnaces (EAF) and 2,120,869 tons produced by blast furnaces. November raw steel production was reported to be 67,881 tons or 1.0 percent lower than the previous month but 389,037 tons or 6.1 percent higher than the same month last year.
