Steel Products Prices North America
Weekly Raw Steel Production Up 0.9 Percent
Written by Brett Linton
December 10, 2013
For the week ending December 7, 2013, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,829,000 net tons of raw steel, a 0.9 percent increase over the previous week and a 2.5 increase over the same week one year ago. The estimated capacity utilization rate is 76.3 percent, up from 75.6 percent last week and up from 71.7 percent last year.
Estimated total raw steel produced for 2013 YTD is reported to be 90,534,000 NT, down 1.5 percent from the 91,895,000 NT produced through the same period in 2012. The average capacity utilization rate for 2013 YTD is estimated to be 77.1 percent, up from 75.2 percent for 2012 YTD.
Week-over-week changes per district are as follows: North East at 215,000 net tons, up 12,000 tons. Great Lakes at 708,000 NT, up 16,000 tons. Midwest at 245,000 NT, up 1,000 tons. South at 574,000 NT, down 19,000 tons. West at 87,000 NT, up 7,000 tons. Total production was 1,829,000 NT, up 17,000 tons.
{amchart id=”84″ Weekly Raw Steel Production from AISI}
Brett Linton
Read more from Brett LintonLatest in Steel Products Prices North America
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.
CRU: US longs prices remain mostly flat in October
CRU Senior Steel Analyst Alexandra Anderson shares insight into the current market for long steel products.
Nucor holds HR base price at $730/st
Nucor is holding its hot-rolled (HR) coil consumer spot price (CSP) at $730 per short ton (st) this week.