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    November 2, 2021

    Weekly Raw Steel Production Slips Again

    Written by David Schollaert

    Raw steel production by U.S. mills slipped for the second consecutive week following their highest tonnage output since the pandemic started just two weeks prior. Domestic raw steel production was estimated at 1,860,000 net tons in the week ending Oct. 30, while the average mill utilization rate was 84.3%, according to the American Iron and Steel Institute (AISI).

    Output was down 0.5% compared to the week prior when production was estimated at 1,870,000 net tons and average utilization was 84.7%. Last week’s production total represents a 20.1% increase from year-ago levels when the market was recovering from the early impact of the pandemic. Production by U.S. mills 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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