Scrapex Banner
Author: 06 Mar 2012 Last updated at 07:50:40 GMT

US weekly raw steel production increases 8% Y-o-Y: AISI

NEW YORK (Scrap Monster): In the week ending March 3, 2012, US raw steel production was 1,947,000 net tons while the capability utilization rate was 78.8 percent, according to the data released by American Iron and Steel Institute in a weekly research note.

According to AISI, production was 1,803,000 tons in the week ending March 3, 2011, while the capability utilization then was 75.2 percent. The current week production represents a 8.0 percent increase from the same period in the previous year. Production for the week ending March 3, 2012 is up 0.9 percent from the previous week ending February 25, 2012 when production was 1,930,000 tons and the rate of capability utilization was 78.1 percent.
 
Adjusted year-to-date production through March 3, 2012 was 17,238,000 tons, at a capability utilization rate of 77.5 percent. That is a 7.2 percent increase from the 16,087,000 tons during the same period last year, when the capability utilization rate was 74.2 percent.
 
Broken down by districts, here's production for the week ending March 3, 2012 in thousands of net tons: North East: 264; Great Lakes: 652; Midwest: 259; Southern: 682 and Western: 90.

METAL PRICE CHARTS

GET PRICE CHARTS

14ct Gold Scrap Price Charts

18ct Gold Scrap Price Charts

Silver Scrap Price Charts

RELATED NEWS

US H1 scrap average prices remain flat

October 29th 2014 08:22 AM
US H1 scrap average prices remain flat
The US H1 scrap price average prices were at $342.50 per long ton, as on 29th October, 2014

Schnitzer's domestic ferrous scrap sales surged 15% in fiscal 2014

October 29th 2014 08:23 AM
Schnitzer's domestic ferrous scrap sales surged 15% in fiscal 2014
The financial results released by US' Schnitzer Steel Industries shows that

Taiwan's ferrous scrap imports dropped 20% in Aug '14

October 27th 2014 08:08 AM
Taiwan's ferrous scrap imports dropped 20% in Aug '14
According to latest trade data released by the Taiwan Directorate General of Customs

China EMM Market Not to See Price Gains on Weak Demand

October 27th 2014 06:11 AM
China EMM Market Not to See Price Gains on Weak Demand
The price of EMM in China's domestic spot market is expected to stabilize, but no gains are in sight
Next Story