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    October 25, 2021

    Weekly Raw Steel Production Slips, Down 0.6%

    Written by David Schollaert

    Domestic raw steel production edged down slightly after matching its pandemic-era high the week prior. Production by U.S. mills was estimated at 1,870,000 net tons in the week ending Oct. 23, while the average utilization rate was 84.7%, according to the American Iron and Steel Institute (AISI).

    Output was down 0.6% compared to the week prior when production was estimated at 1,882,000 net tons and average utilization was 85.3%. Last week’s production total represents a 20.7% increase from year-ago levels when the market was still working its way back from the COVID-related blows. Output then was 1,549,000 net tons and utilization was 70.1%.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

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