Over the past week we have been receiving a number of calls and emails regarding both John Anton’s (IHS Global Insight) forecast for higher steel prices as we move into 2014 and Andre Marshall’s (Crunch Risk, LLC) hot rolled futures article where he points out that the market fundamentals will force flat rolled steel prices […]
The American Iron & Steel Institute (AISI) reported their final raw steel production numbers for the month of August 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 […]
For the week ending September 21, 2013, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,877,000 net tons of raw steel, a 1.8 percent increase over the previous week and a 7.2 increase over the same week one year ago. The estimated capacity utilization rate is 78.3 percent, up […]
For the week ending September 14, 2013, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,843,000 net tons of raw steel, a 1.5 percent decrease over the previous week but a 5.3 increase over the same week one year ago. The estimated capacity utilization rate is 76.9 percent, down […]
For the week ending September 7, 2013, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,872,000 net tons of raw steel, a 0.9 percent increase over the previous week and a 6.9 increase over the same week one year ago. The estimated capacity utilization rate is 78.1 percent, up […]
The American Iron & Steel Institute (AISI) reported estimated raw steel production at 1,871,000 net tons for the week ending July 27, 2013. With outages and maintenance issues, production declined through August to a high of 1,888,000 net tons of raw steel in the week ending August 3, and dropping down to 1,856,000 net tons […]
For the week ending August 31, 2013, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,856,000 net tons of raw steel, a 0.3 percent decrease over the previous week and a 2.2 decrease over the same week one year ago. The estimated capacity utilization rate is 77.5 percent, down […]
The American Iron & Steel Institute (AISI) reported their final raw steel production numbers for the month of July 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 […]
For the week ending August 17, 2013, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,878,000 net tons of raw steel, a 0.9 percent increase over the previous week but a 1.0 decrease over the same week one year ago. The estimated capacity utilization rate is 78.4 percent, up […]
Australian company BlueScope Steel announced EBIT of $66.7 million for its 50 percent ownership of U.S. based North Star BlueScope Steel for FY 2013 ending on June 30, 2013. Earnings for the fiscal year improved by 7 percent over FY 2012 due to improved cost control and decreased depreciation charges that offset slightly weaker spreads. […]
Written by: Brett Linton For the week ending August 10, 2013, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,862,000 net tons of raw steel, a 1.4 percent decrease over the previous week and a 1.8 decrease over the same week one year ago. The estimated capacity utilization rate […]
The American Iron & Steel Institute (AISI) reported estimated raw steel production at 1,822,000 net tons for the week ending June 29, 2013. Despite outages and maintenance issues, production rose through July to 1,904,000 net tons of raw steel in the week ending July 20, followed by a drop to 1,871,000 net tons in the […]
Written by: Diana Packard For the week ending August 3, 2013, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,888,000 net tons of raw steel, a 0.9 percent increase over the previous week and a 1.8 increase over the same week one year ago. The estimated capacity utilization […]
The American Iron & Steel Institute (AISI) reported their estimated raw steel production data for the week ending March 16, 2013. According to AISI estimates the U.S. steel industry produced 1,785,000 net tons of raw steel last week. This represents a decrease of 2.4 percent compared to the week earlier and is 9.9 percent lower […]
The American Iron & Steel Institute (AISI) reported their estimated raw steel production data for the week ending March 9, 2013. According to AISI estimates the U.S. steel industry produced 1,828,000 net tons of raw steel last week. This represents a decrease of 1.6 percent compared to the week earlier and is 7.8 percent lower […]
The American Iron & Steel Institute (AISI) reported their estimated raw steel production data for the week ending March 2, 2013. According to AISI estimates the U.S. steel industry produced 1,857,000 net tons of raw steel last week. This represents an increase of 0.8 percent compared to the week earlier but is 7.2 percent lower […]
Written by: Brett Linton The American Iron & Steel Institute (AISI) reported their final raw steel production numbers for the month of January 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. The difference […]
The American Iron & Steel Institute (AISI) reported their estimated raw steel production data for the week ending February 23, 2013. According to AISI estimates the U.S. steel industry produced 1,843,000 net tons of raw steel last week. This represents an increase of 1.6 percent compared to the week earlier but is 8.2 percent lower […]
The American Iron & Steel Institute (AISI) reported their estimated raw steel production data for the week ending February 16, 2013. According to AISI estimates the U.S. steel industry produced 1,814,000 net tons of raw steel last week. This represents a decrease of 0.4 percent compared to the week earlier and is 9.6 percent lower […]
The American Iron & Steel Institute (AISI) reported their estimated raw steel production data for the week ending February 9, 2013. According to AISI estimates the U.S. steel industry produced 1,822,000 net tons of raw steel last week. This represents an increase of 1.2 percent compared to the week earlier but is 9.2 percent lower […]
The American Iron & Steel Institute (AISI) reported their estimated raw steel production data for the week ending February 2, 2013. According to AISI estimates the U.S. steel industry produced 1,801,000 net tons of raw steel last week. This represents a decrease of 0.3 percent compared to the week earlier and is 7.4 percent lower […]
Written by: Peter Wright Raw steel production in 2012 was 97.8 million tons, up by 3.5 million tons from 2011. Steel mill shipments direct to the construction industry in 2012 were 15.6 million tons, (Figure 1). Shipments from service centers and converters to the construction industry are not classified but by proportion are about 12 […]
Written by: Brett Linton The American Iron & Steel Institute (AISI) reported their final raw steel production numbers for the month of December 2012. This estimation is different than the weekly raw steel production as it is based on 75 percent of the domestic mills reporting versus 50 percent for the weekly estimates. Total raw […]
The American Iron & Steel Institute (AISI) reported their estimated raw steel production data for the week ending January 26, 2013. According to AISI estimates the U.S. steel industry produced 1,806,000 net tons of raw steel last week. This represents a decrease of 1.0 percent compared to the week earlier and is 5.8 percent lower […]
The American Iron & Steel Institute (AISI) reported their estimated raw steel production data for the week ending January 19, 2013. According to AISI estimates the U.S. steel industry produced 1,824,000 net tons of raw steel last week. This represents an increase of 0.3 percent compared to the week earlier but is 4.9 percent lower […]
The American Iron & Steel Institute (AISI) reported their estimated raw steel production data for the week ending January 12, 2013. According to AISI estimates the U.S. steel industry produced 1,819,000 net tons of raw steel last week. This represents an increase of 3.6 percent compared to the week earlier but is 5.2 percent lower […]
For the past seven weeks, Steel Market Update (SMU) Price Momentum Indicator has been stuck in “Neutral” waiting for something to push prices in one direction or another. When we made the adjustment the week of November 27, 2012 from Higher to Neutral our SMU range for hot rolled coil was $620-$660 per ton (average […]
Based on the raw steel capability adjustment which was made by the American Iron and Steel Institute (AISI) as of the beginning of this year, SMU is adjusting the way we will present our visual data to our readers. We will begin to compare weekly production against the “revised” weekly production number from the comparable […]
The American Iron & Steel Institute (AISI) reported their estimated raw steel production data for the week ending January 5, 2013. According to AISI estimates the U.S. steel industry produced 1,756,000 net tons of raw steel last week. This represents a decrease of 3.9 percent compared to the week earlier and is 7.7 percent lower […]
The American Iron & Steel Institute (AISI) reported their estimated raw steel production data for the week ending December 29, 2012. According to AISI estimates the U.S. steel industry produced 1,827,000 net tons of raw steel last week. This represents a decrease of 0.7 percent compared to the week earlier and is 1.9 percent lower […]