Steel Production Number Improve in 2012

The American Iron and Steel Institute (AISI) is reporting that the U.S. and NAFTA steel production and shipments both increased in 2012 over 2011, but import gains continue as U.S. and NAFTA markets have not attained pre-recession levels.  

The 2012 AISI Annual Statistical Report (ASR) showed that U.S. steel shipments were at 96 million net tons, a four percent increase from the previous year and an 11 percent increase from the most recent five-year average of 86 million net tons.  

Construction and automotive continue to be the largest markets for steel.

Metal Construction News call the report "the most comprehensive reference of its kind" for the American steel industry, adding that the AISI report provides statistical data for the U.S. steel industry and a variety of selected statistical data on the Canadian, Mexican and world steel industries.  

The Illinois-based industry magazine points out the the AISI Report features comprehensive charts and graphs, including: selected statistical highlights on shipments, apparent supply, imports, employment and raw steel data over a 10-year period; selected financial highlights on income and cash flow data; shipments by products and markets over a 10-year period; raw steel production (state distribution and capability utilization); and imports and exports data.   The report also includes an executive summary that highlights recent and historical trends in the North American steel industry.

"The annual statistical report is an indispensable reference tool for anyone interested in tracking steel industry trends," said AISI President and CEO Thomas J. Gibson.  "With 16 pages of charts and graphs in the executive summary alone, it is a valuable resource for industry, media, academia, steel analysts and anyone else who is interested in comprehensive data on our industry."

NAFTA Raw Steel Production was 133 million net tons in 2012, a two percent increase over 2011.

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