Steel Products Prices North America

2013 Raw Steel Production Down 2% over Last Year
Written by Brett Linton
February 4, 2014
The American Iron & Steel Institute (AISI) reported their final raw steel production numbers for the month of December 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 December was reported to be 7,848,433 net tons (NT) with 4,785,223 NT being produced by electric arc furnaces (EAF) and 3,063,210 NT produced by blast furnaces. December raw steel production was reported by the AISI to have been 0.3 percent higher than the previous month.
Total raw steel production for 2013 wraps up at 95,766,186 NT which is 2.0 percent below the 97,769,374 tons produced in 2012. The capacity utilization rate for the month of December was reported to be 74.0 percent and 76.7 percent for 2013 YTD.
Below is a chart showing the monthly production figures in a 3-month moving average over the last 3 years. (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 […]