Community Events
December 19, 2022
Written by David Schollaert
Raw steel production by US mills fell again last week as capacity utilization slipped to only 72.9%, according to data released by the American Iron and Steel Institute (AISI) on Monday, Dec. 19.
The decline came as mills in the South and Northeast cut production, even as those in the Great Lakes, Midwest, and West increased output.
Vehicle affordability pressures are limiting growth in vehicle volumes, according to Mark Strand, deputy chief economist at Cox Automotive. SUVs, fleet activity, and aftermarket work could support steel demand, he told the audience last week at Steel Summit 2026 in Atlanta.
Panelists on the trade panel at SMU Steel Summit 2026 reflect on issues affecting the industry.
Data center construction is supporting US nonresidential construction activity and steel demand, according to Eric Gaus of Dodge Construction Network.
Leading steel analysts gave their forecasts for 2027 pricing and market dynamics at Steel Summit 2026.
Tight steel availability and lean inventories are increasing pressure on US service centers, according to speakers on a service center panel on Wednesday, August 26, at the SMU Steel Summit 2026.