For the week ending August 23, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,932,000 net tons (NT) of raw steel, a 0.7 percent increase over the previous week and a 4.0 percent increase over the same week one year ago. The estimated capacity utilization rate is 80.3 […]
For the week ending August 16, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,919,000 net tons (NT) of raw steel, a 1.2 percent increase over the previous week and a 3.3 percent increase over the same week one year ago. The estimated capacity utilization rate is 79.8 […]
In the week of August 2nd the four week moving average (4WMA) of raw steel production as reported by the AISI exceeded 1,900,000 tons per week, for the first time since June 16th 2012, (Figure 1). However, capacity utilization at 79.2 percent (4WMA) is still nowhere near where it was before the recession. Capacity is […]
For the week ending August 9, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,896,000 net tons (NT) of raw steel, a 0.3 percent decrease over the previous week but a 2.0 percent increase over the same week one year ago. The estimated capacity utilization rate is 78.8 […]
For the week ending August 2, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,901,000 net tons (NT) of raw steel, a 1.0 percent decrease over the previous week but a 2.4 percent increase over the same week one year ago. The estimated capacity utilization rate is 79.0 […]
The American Iron & Steel Institute (AISI) reported their final raw steel production numbers for the month of June 2014. 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 […]
For the week ending July 26, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,920,000 net tons (NT) of raw steel, a 1.4 percent increase over the previous week and a 3.7 percent increase over the same week one year ago. The estimated capacity utilization rate is 79.8 […]
WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) today announced the release of its 2013 Annual Statistical Report (ASR). The 2013 ASR shows that U.S. steel production, shipments, imports and exports all decreased in 2013 vs. 2012, as U.S. steel markets remained below pre-recession levels. U.S. steel shipments were at 95 million net […]
For the week ending July 19, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,893,000 net tons (NT) of raw steel, a 0.5 percent decrease over the previous week but a 2.2 percent increase over the same week one year ago. The estimated capacity utilization rate is 78.7 […]
Severstal NA has been actively informing their customers that they want hot rolled spot base prices to $700 per ton ($35.00/cwt) and cold rolled and coated to $820 per ton ($41.00/cwt). Other mills are mulling a move and we expect price announcements to be imminent. Whether specific base prices are announced or the mills go […]
For the week ending July 12, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,903,000 net tons (NT) of raw steel, a 2.7 percent increase over the previous week and a 2.8 percent increase over the same week one year ago. The estimated capacity utilization rate is 79.1 […]
For the week ending July 5, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,853,000 net tons (NT) of raw steel, a 0.5 percent decrease over the previous week but a 0.5 percent increase over the same week one year ago. The estimated capacity utilization rate is 77.0 […]
The American Iron & Steel Institute (AISI) reported their final raw steel production numbers for the month of May 2014. 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 […]
For the week ending June 28, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,863,000 net tons (NT) of raw steel, a 0.9 percent decrease over the previous week but a 2.1 percent increase over the same week one year ago. The estimated capacity utilization rate is 77.5 […]
The American Iron & Steel Institute (AISI) reported their final raw steel production numbers for the month of May 2014. 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 […]
For the week ending June 21, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,880,000 net tons (NT) of raw steel, a 1.6 percent increase over the previous week and a 3.1 percent increase over the same week one year ago. The estimated capacity utilization rate is 78.2 […]
For the week ending June 14, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,845,000 net tons (NT) of raw steel, a 0.3 percent increase over the previous week and a 1.4 percent increase over the same week one year ago. The estimated capacity utilization rate is 76.9 […]
For the week ending June 7, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,845,000 net tons (NT) of raw steel, a 2.6 percent decrease over the previous week but a 1.2 percent increase over the same week one year ago. The estimated capacity utilization rate is 76.7 […]
I was asked a number of times today – in a couple of different ways – why Steel Market Update has not adjusted our Price Momentum Indicator from Neutral where it has been for about one month to Lower. The reality is we have been watching spot flat rolled pricing quite closely to see at […]
For the week ending May 31, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,895,000 net tons (NT) of raw steel, 1.1 percent increase over the previous week and a 3.4 percent increase over the same week one year ago. The estimated capacity utilization rate is 78.8 percent, […]
The American Iron & Steel Institute (AISI) reported their final raw steel production numbers for the month of April 2014. 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 […]
The American Iron & Steel Institute (AISI) reported their final raw steel production numbers for the month of April 2014. 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 […]
As quickly as repaired blast furnaces come back online at US Steel and ArcelorMittal we are seeing them taking down more steelmaking equipment. SMU received word that ArcelorMittal Cleveland Works restarted the C-5 blast furnace early Monday morning, May 26. The C-5 blast furnace has been down for a couple of weeks resulting in the […]
For the week ending May 24, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,875,000 net tons (NT) of raw steel, 2.0 percent increase over the previous week and a 2.3 percent increase over the same week one year ago. The estimated capacity utilization rate is 78.0 percent, […]
For the week ending May 17, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,838,000 net tons (NT) of raw steel, a 0.3 percent decrease over the previous week but a 0.3 percent increase over the same week one year ago. The estimated capacity utilization rate is 76.4 […]
For the week ending May 10, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,843,000 net tons (NT) of raw steel, a 1.5 percent increase over the previous week and a 0.5 percent increase over the same week one year ago. The estimated capacity utilization rate is 76.6 […]
For the week ending May 3, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,815,000 net tons (NT) of raw steel, a 1.1 percent decrease over the previous week and a 1.1 percent decrease over the same week one year ago. The estimated capacity utilization rate is 75.5 […]
According to the American Iron and Steel Institute (AISI) domestic raw steel production totaled 8,273,082 net tons (all products). Of the total 60 percent was produced by electric arc furnaces and the balance by blast/BOF furnaces. Carbon steel products totaled 7,681,790 net tons with 4,665,056 tons being produced by EAF’s and the balance, 3,016,734 tons […]
US Steel reported a net income of $52 million for the first quarter of 2014 on net sales of $4.4 billion, compared to net income of $270 million (adjusted net income of $38 million) in fourth quarter 2013. Shipments for the quarter totaled 4.1 million tons. Flat rolled steel sales operating income in first quarter […]
For the week ending April 26, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,835,000 net tons (NT) of raw steel, a 1.5 percent increase over the previous week but a 0.1 percent decrease over the same week one year ago. The estimated capacity utilization rate is 76.3 […]