Steel Products Prices North America

Last Week’s Estimated Raw Steel Production

Written by Brett Linton

October 8, 2013

For the week ending October 5, 2013, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,873,000 net tons of raw steel, a 1.1 percent increase over the previous week and a 9.6 increase over the same week one year ago. The estimated capacity utilization rate is 78.2 percent, up from 77.3 percent last week and up from 68.7 percent last year.

 

Estimated total raw steel produced for 2013 YTD is reported to be 74,026,000 NT, down 3.0 percent from the 76,353,000 NT produced through the same period in 2012. The average capacity utilization rate for 2013 YTD is estimated to be 77.2 percent, up from 76.8 percent for 2012 YTD.

Week-over-week changes per district are as follows: North East at 211,000 net tons, down 1,000 tons. Great Lakes at 676,000 NT, up 28,000 tons. Midwest at 220,000 NT, down 22,000 tons. South at 678,000 NT, up 17,000 tons. West at 88,000 NT, down 1,000 tons. Total production was 1,873,000 NT, up 21,000 tons.

Brett Linton

Brett Linton is a senior analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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