Friday, December 18, 2020

Plasma Systems Inc.

 We would like to inform everyone we will be moving our blog to a different platform. We will be sharing our updates and continue our conversations via LinkedIn. We invite you to follow us on our Plasma Systems Inc. LinkedIn page.

Thank you to everyone, we wish you good health and productive cutting/fabricating!




Tuesday, March 31, 2020

This Week's Raw Steel Production - American Iron and Steel Institute

In the week ending on March 28, 2020, domestic raw steel production was 1,670,000 net tons while the capability utilization rate was 71.6 percent. Production was 1,913,000 net tons in the week ending March 28, 2019 while the capability utilization then was 82.2 percent. The current week production represents a 12.7 percent decrease from the same period in the previous year. Production for the week ending March 28, 2020 is down 9.8 percent from the previous week ending March 21, 2020 when production was 1,852,000 net tons and the rate of capability utilization was 79.4 percent.
Adjusted year-to-date production through March 28, 2020 was 23,653,000 net tons, at a capability utilization rate of 80.7 percent. That is down 1.0 percent from the 23,881,000 net tons during the same period last year, when the capability utilization rate was 81.6 percent.
Broken down by districts, here's production for the week ending March 28, 2020 in thousands of net tons: North East: 202; Great Lakes: 608; Midwest: 155; Southern: 645 and Western: 60 for a total of 1670.
The Raw Steel production tonnage provided in this report is estimated. The figures are compiled from weekly production tonnage provided from 50% of the domestic producers combined with monthly production data for the remainder. Therefore, this report should be used primarily to assess production trends. The AISI production report "AIS 7", published monthly and available by subscription, provides a more detailed summary of steel production based on data supplied by companies representing 75% of U.S. production capacity.
Note: Capability for the Fourth Quarter 2019 is approximately 30.4 million tons compared to 30.8 million tons for the same period last year and 30.6 million tons for the Third Quarter of 2019. + Year-to-date totals adjusted for consistency with monthly data.

Tuesday, March 17, 2020

News from the American Iron and Steel Institute - Steel Production

This Week's Raw Steel Production

In the week ending on March 14, 2020, domestic raw steel production was 1,878,000 net tons while the capability utilization rate was 80.5 percent. Production was 1,913,000 net tons in the week ending March 14, 2019 while the capability utilization then was 82.2 percent. The current week production represents a 1.8 percent decrease from the same period in the previous year. Production for the week ending March 14, 2020 is down 1.3 percent from the previous week ending March 7, 2020 when production was 1,903,000 net tons and the rate of capability utilization was 81.6 percent.
Adjusted year-to-date production through March 14, 2020 was 20,131,000 net tons, at a capability utilization rate of 81.7 percent. That is up 0.4 percent from the 20,055,000 net tons during the same period last year, when the capability utilization rate was 81.6 percent.
Broken down by districts, here's production for the week ending March 14, 2020 in thousands of net tons: North East: 225; Great Lakes: 689; Midwest: 202; Southern: 707 and Western: 55 for a total of 1878.
The Raw Steel production tonnage provided in this report is estimated. The figures are compiled from weekly production tonnage provided from 50% of the domestic producers combined with monthly production data for the remainder. Therefore, this report should be used primarily to assess production trends. The AISI production report "AIS 7", published monthly and available by subscription, provides a more detailed summary of steel production based on data supplied by companies representing 75% of U.S. production capacity.

You can find the original article posted here.

Monday, December 30, 2019

An inspiring quote!



“Projects we have completed demonstrate what we know - future projects decide what we will learn.”
 Dr Mohsin Tiwana

Click here to visit our website.

Wednesday, December 11, 2019

An inspiring quote!



“[John] Kobak explained, 'The way you learn anything is that something fails, and you figure out how not to have it fail again.”
― Robert S. Arrighi

Click here to visit our website.

Wednesday, November 20, 2019

An inspiring quote!




“At its heart engineering is about using science to find creative practical solutions. It’s a noble profession.”  - Queen Elizabeth II

Click here to visit our website.


Wednesday, October 30, 2019

An inspiring quote!



“Design is not how it looks like and feels like. Design is how it works” – Steve Jobs (Apple co-founder and former CEO)

Click here to visit our website.