Steel Products Prices North America
Weekly Raw Steel Production & Capacity Utilization
Written by Brett Linton
November 26, 2013
For the week ending November 23, 2013, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,850,000 net tons of raw steel, a 0.3 percent decrease over the previous week but a 6.1 increase over the same week one year ago. The estimated capacity utilization rate is 77.2 percent, down from 77.5 percent last week but up from 70.1 percent last year.
Estimated total raw steel produced for 2013 YTD is reported to be 86,893,000 NT, down 1.7 percent from the 88,366,000 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 75.5 percent for 2012 YTD.
Week-over-week changes per district are as follows: North East at 214,000 net tons, up 11,000 tons. Great Lakes at 676,000 NT, up 8,000 tons. Midwest at 249,000 NT, down 1,000 tons. South at 627,000 NT, down 28,000 tons. West at 84,000 NT, up 4,000 tons. Total production was 1,850,000 NT, down 6,000 tons.
{amchart id=”84″ Weekly Raw Steel Production from AISI}
Brett Linton
Read more from Brett LintonLatest in Steel Products Prices North America
Nucor holds the line on published HR spot price
The steelmaker has kept its weekly consumer spot price for hot-rolled steel sheet unchanged since Nov. 12.
Nucor’s HR spot price unchanged for 5th week
Nucor’s weekly spot price for hot-rolled (HR) coil will remain at $750 per short ton (st) for a fifth week.
SMU price ranges: Market stable amid post-Thanksgiving glut
Steel sheet prices remain at or near multi-month lows, while plate prices continue edging lower from their mid-2022 peak.
Nucor again holds HR spot price at $750/ton
For the fourth week in a row, Nucor will keep its published spot price for hot-rolled (HR) coil unchanged.
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.