Raw Steel Loses Momentum, Edges Down: AISI

Raw steel production by US mills slipped last week, declining for the first time in five weeks, according to data released by the American Iron and Steel Institute (AISI) on Monday, June 12.

Domestic production stood at 1,739,000 net tons in the week ended June 10, down 0.9% vs. 1,754,000 tons the previous week. Despite the marginal decrease, output was still up by 0.1% from 1,738,000 tons in the same week last year.

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.

David Schollaert

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