Steel Products Prices North America

Weekly Raw Steel Production Drops

Written by Brett Linton

January 20, 2015

For the week ending January 17, 2015, the American Iron & Steel Institute (AISI) estimated that the U.S. steel industry produced 1,806,000 net tons (NT) of raw steel, a 4.9 percent decrease over the previous week and a 1.0 percent decrease over the same week one year ago. The estimated capacity utilization rate is 75.1 percent, down from 79.0 percent last week and down from 75.8 percent last year.

Estimated total raw steel produced for 2015 YTD is reported to be 4,501,000 tons, up 1.6 percent from the 4,430,000 tons produced during the same period in 2014. The average capacity utilization rate for 2015 YTD is estimated to be 77.1 percent, up from 75.8 percent for 2014 YTD.

Week-over-week changes per district are as follows: Northeast at 218,000 tons, down 10,000 tons. Great Lakes at 650,000 tons, down 21,000 tons. Midwest at 236,000 tons, down 3,000 tons. South at 607,000 tons, down 61,000 tons. West at 95,000 tons, up 2,000 tons. Total production was 1,806,000 tons, down 93,000 tons.

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{amchart id=”84″ Weekly Raw Steel Production from AISI}

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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