Steel Products Prices North America
Mills Start Year at 82 Percent of Capacity
Written by Tim Triplett
January 7, 2020
Despite the holidays, domestic steelmakers managed to increase their mill utilization to 82.0 percent in the week ending Jan. 4. The last time weekly production was that high was in May 2019. Raw steel production totaled 1,898,000 net tons, up 1.2 percent from the previous week and up 2.0 percent compared with the same week last year, reported the American Iron and Steel Institute.
Following is production by district for the Jan. 4 week: North East: 232,000 net tons; Great Lakes, 666,000 net tons; Midwest, 209,000 net tons; South, 698,000 net tons; and West, 93,000 net tons, for a total of 1,898,000 tons. Production for the week was up in every region except the 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 […]