Steel Products Prices North America
July Raw Steel Production
Written by Brett Linton
August 29, 2013
The American Iron & Steel Institute (AISI) reported their final raw steel production numbers for the month of July 2013. This estimation is different than the weekly raw steel production as it is based on 75 percent of the domestic mills reporting vs. 50 percent for the weekly estimates.
Total raw steel production for the month of July was reported to be 8,200,268 net tons with 5,153,895 NT being produced by electric arc furnaces (EAF) and 3,046,373 NT produced by blast furnaces.
July raw steel production was reported by the AISI to have been 4.9 percent higher than the previous month.
Total raw steel production for 2013 through July is now 55,713,361 NT which is 5.6 percent below that of 2012 through the same time period.
Capacity utilization rate for the month of July was reported by the AISI to be 77.3 percent and for the year through July the utilization rate is reported to have been 76.8 percent. (Source: AISI)
Brett Linton
Read more from Brett LintonLatest in Steel Products Prices North America
SMU Community Chat: Timna Tanners on ‘Trumplications’ for steel in 2025
Wolfe Research's Managing Director Timna Tanners discusses the 'Trumplications' for steel in the coming year in this week's SMU Community Chat.
Nucor raises hot rolled spot price to $750/ton
Nucor raised its weekly consumer spot price (CSP) for HRC this week to $750/short ton.
SMU price ranges: Most sheet and plate products drift lower
Steel sheet prices mostly edged lower for a second week, while plate prices slipped for the third consecutive week.
Nucor drops HRC price to $720/ton
After holding its weekly spot price for hot-rolled (HR) coil steady for three weeks at $730 per short ton (st), Nucor lowered the price this week by $10/st.
SMU price ranges: Sheet slips, plate falls to 45-month low
Steel sheet and plate prices moved lower this week as efforts among some mills to hold the line on tags ran up against continued concerns about demand.