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US raw steel production inches 0.6% higher

Jun 25, 2013 | 10:00 AM |

Tags  steel production, weekly steel output, American Iron and Steel Institute


NEW YORK — U.S. raw steel output totaled an estimated 1,881,000 net tons last week, up 0.6 percent from 1,870,000 tons the previous week, as mills operated at an average capability utilization rate of 78.5 percent.

In the corresponding week last year, mills produced 1,862,000 tons at an average capability utilization rate of 74.8 percent, according to the American Iron and Steel Institute, Washington.

Mills have produced 46,010,000 tons so far this year at an average capability utilization rate of 76.8 percent, down 6.2 percent from the same period last year, when mills produced 49,040,000 tons at an average capability utilization rate of 78.8 percent.




Latest Pricing Trends Year Over Year

Poll

After witnessing the pace of steel plant idlings and worker layoffs during the first half of the year, what is your view of the second half of 2015? (choose one)

No matter what else happens, layoffs and shutdowns, etc., have nearly or essentially stopped for the year.
The environment will change little and the pace of layoffs will continue at a similar rate as the first half of 2015.
The environment will change little yet the pace of layoffs will begin to slow slightly to moderately.
The environment will change little yet the pace of layoffs could exceed the rate seen thus far.
The environment will improve slightly to moderately yet hiring and plant restarts will not resume this year.
The environment will improve slightly to moderately, with hiring and plant restarts commencing.
The environment will improve dramatically yet hiring and plant restarts will still be negligible in comparison.
The environment will improve dramatically yet hiring and plant restarts will only be slight to moderate.
The environment will improve dramatically, with hiring and plant restarts occurring nearly in tandem.


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