Steel Products Prices North America
Steel Mill Utilization Stays Above 81 Percent
Written by Tim Triplett
April 30, 2019
U.S. raw steel production for the week ending April 27 decreased by 0.4 percent from the previous week to 1,895,000 net tons, while the mill capability utilization rate inched down to 81.4 percent. The week’s production represented a 6.5 percent increase from the same period last year, reported the American Iron and Steel Institute.
Adjusted year-to-date production through April 27 totaled 31,849,000 tons at an average capability utilization rate of 81.9 percent, an increase of 6.8 percent from the same period last year when the utilization rate was 76.4 percent
Following is production by district for the April 27 week: North East: 201,000 net tons; Great Lakes, 737,000 net tons; Midwest, 188,000 net tons; South, 696,000 net tons; and West, 73,000 net tons, for a total of 1,895,000 tons. Production increased in the North East, Midwest and West, but declined in the South and Great Lakes.
The raw steel production tonnage provided in this report is estimated. The figures are compiled from weekly production tonnage from 50 percent of the domestic producers combined with monthly production data for the remainder. Therefore, this report should be used primarily to assess production trends. The AISI monthly production report provides a more detailed summary of steel production based on data supplied by companies representing 75 percent of U.S. production capacity.
Tim Triplett
Read more from Tim TriplettLatest 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 […]