Steel Products Prices North America

Raw Steel Production Up Marginally Last Week: AISI

Written by David Schollaert

Raw steel production by US mills edged up slightly last week, expanding for the second straight week, according to data released by the American Iron and Steel Institute (AISI) on Monday, May 22.

Domestic production stood at 1,728,000 net tons in the week ended May 20 vs. 1,725,000 tons the previous week. Output was off 2.4% from 1,771,000 tons in the same week last year.

The mill capability utilization rate was 76.8% last week, up from 76.7% a week earlier but still down from 81.1% in the same week last year.

AISI said that adjusted year-to-date production through May 22 was 33,615,000 tons at a capability utilization rate of 75%. This is down 4% from the year-ago period when 35,003,000 tons were produced with an overall capability utilization rate of 80.5%.

Production by region for the week ending May 20 is below. (Note: week-over-week change is in parentheses.)

  • Northeast – 147,000 tons (up 2,000 tons)
  • Great Lakes – 576,000 tons (down 1,000 tons)
  • Midwest – 212,000 tons (down 1,000 tons)
  • South – 728,000 tons (up 2,000 tons)
  • West – 65,000 tons (up 1,000 tons)

WeeklyRawSteelProd Wk23

Note: The raw steel production tonnage provided in this report is estimated. The figures are compiled from weekly production tonnages provided by approximately 50% of the domestic production capacity combined with the most recent 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 US production capacity.

By David Schollaert,

David Schollaert

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