US Raw Steel production gains to 1,727,000 net tons

Published: May 24, 2016 11:30 (GMT+8)

Save

United States domestic raw steel production gained by 1.3% year-on-year to 1,727,000 net tons in the week ended May 14.

UNITED STATES May 24 2016 7:31 AM

NEW YORK (Scrap Register): United States domestic raw steel production gained by 1.3% year-on-year to 1,727,000 net tons in the week ended May 14 while the capability utilization rate was 73.9 percent, as per the latest figures from the American Iron and Steel Institute (AISI).

According to AISI, raw steel production was 1,704,000 net tons in the week ended May 14, 2015 while the capability utilization then was 72.1 percent.

Production for the week ended May 14, 2016 is down 1.2 percent from the previous week ended May 7, 2016 when production was 1,748,000 net tons and the rate of capability utilization was 74.7 percent.

Adjusted year-to-date production through May 14, 2016 was 33,484,000 net tons, at a capability utilization rate of 71.6 percent. That is down 1.2 percent from the 33,900,000 net tons during the same period last year, when the capability utilization rate was 71.6 percent.

aisi United States domestic raw steel production US domestic raw steel production

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 mins ago

【Flash | Centinela Strike Reaches Haulage as Unions Report a 63% Drop in Conventional Trucks】

Centinela's two unions resumed voluntary mediation on October 13 and quantified the strike's operational impact. They said conventional haul trucks in service fell to 25 from 67, while 17 autonomous trucks were running compared with 21 normally. The unions represent more than half of critical equipment operators and over 60% of maintenance staff, warning impacts could intensify in November. Antofagasta Minerals earlier said the strike involved 709 workers, or 22% of direct employees, and kept its production outlook unchanged. Centinela's 2026 molybdenum guidance remains 3,000–3,500 tonnes of contained metal. No company statement has confirmed a molybdenum circuit shutdown or quantified lost molybdenum output, so SMM is not revising its supply forecast.

2 mins ago

19 mins ago

Jinrui Futures Co., Ltd. Shines at SMM CCAE 2026 (15th) Copper Annual Conference

19 mins ago

31 mins ago

【Flash | Amerigo's Third-Quarter Molybdenum Output Rises 3% Year on Year】

Amerigo Resources reported on October 13 that its wholly owned Minera Valle Central tailings operation in Chile produced and sold 0.36 million pounds, or about 163.3 tonnes, of contained molybdenum in the third quarter of 2026, up 2.9% year on year but down 5.3% from the second quarter. Nine-month output reached 1.15 million pounds, or about 521.6 tonnes, up 18.6% year on year and equal to 76.7% of its 1.5-million-pound annual guidance. Heavy rain reduced days available to process historic tailings, but plant availability remained 98.1%. The average molybdenum price rose to 32.38 United States dollars per pound from 29.15 in the second quarter. Figures are contained molybdenum, not physical concentrate mass.

31 mins ago