Steel Products Prices North America

AISI Estimates Raw Steel Production Up 9.2% Y-O-Y

Written by Brett Linton

October 16, 2013

For the week ending October 12, 2013, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,847,000 net tons of raw steel, a 1.4 percent decrease over the previous week but a 9.2 increase over the same week one year ago. The estimated capacity utilization rate is 77.1 percent, down from 78.2 percent last week but up from 68.0 percent last year.

Estimated total raw steel produced for 2013 YTD is reported to be 75,873,000 NT, down 2.8 percent from the 78,045,000 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 76.1 percent for 2012 YTD.

Every district was reported as having reductions in tonnage produced compared to the prior week. Week-over-week changes per district are as follows: North East at 189,000 net tons, down 22,000 tons. Great Lakes at 692,000 NT, up 16,000 tons. Midwest at 214,000 NT, down 6,000 tons. South at 665,000 NT, down 13,000 tons. West at 87,000 NT, down 1,000 tons. Total production was 1,847,000 NT, down 26,000 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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