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    Market Segment

    January 30, 2023

    Weekly Raw Steel Production Up Again: AISI

    Written by David Schollaert

    Raw steel production by US mills rose for a third straight week and surpassed the 73% utilization mark for the first time since the first week of December 2022, according to data released by the American Iron and Steel Institute (AISI) on Tuesday, Jan. 30.

    The increase pushed capacity utilization up to 73.1%, driven by increases in tons in all regions except the Midwest. This is up from the prior week’s 72.5%, but down from 79.8% a year ago. 

    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.

    Read more from David Schollaert

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