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
Nucor slows HRC price climb with $5/ton increase
After eight weeks of double-digit price increases on hot-rolled (HR) coil, Nucor slowed the price rise this week with an increase of $5 per short ton.
Domestic CRC prices surge ahead of imports
The price spread between stateside-produced CR and imports reached its widest margin in over a year.
Evraz raises plate prices $160/ton
Evraz North America (NA) has followed Nucor and SSAB with a plate price increase of its own: up $160 per short ton (st). The increase was effective immediately for all new orders of carbon, high-strength low-alloy, and normalized and quenched-and-tempered plate products, as well as for hot-rolled coil, the steelmaker said in a letter to […]
Nucor lifts HR coil to $820/ton
Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil for a fourth consecutive week.
Nucor pushes HR spot price to $790/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $790 per short ton (st) on Monday, Feb. 10 – a $15/st bump vs. last week. The Charlotte, N.C.-based company has raised its weekly CSP by $40/st over the past three weeks after maintaining tags at $750/st since Nov. 12, according to SMU’s […]