Steel Products

AISI: Raw Steel Output Sees a Small Boost
Written by Becca Moczygemba
July 18, 2023
Raw steel production in the US inched up last week after dropping for two consecutive weeks, according to data released on Monday, July 17, by the American Iron and Steel Institute (AISI).
Steel production in the US rose to 1,716,000 net tons for the week ended July 15, up 0.3% from 1,711,000 the previous week. Domestic production is down 0.3% year-over-year from 1,721,000 net tons in the same week of 2022.
Domestic mill capability utilization rate was 75.5% last week, up from 75.2% the previous week. Utilization was down year over year from 78.1% from the same period one year prior.
The adjusted year-to-date production through July 15 was 47,621,000 tons at a capability utilization rate of 75.8%. That is down 2.7% from 48,920,000 tons from the same period one year ago when the capability utilization rate stood at 80%, AISI said.
Production by region for the week ending July 15 is below. (Note: week-over-week changes are in parentheses.)
- Northeast – 129,000 tons (down 6,000 tons)
- Great Lakes – 535,000 tons (down 18,000 tons)
- Midwest – 214,000 tons (up 6,000 tons)
- South – 768,000 tons (up 18,000 tons)
- West – 70,000 tons (up 5,000 tons)


Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Products

OCTG producers in Canada take aim at Mexico, US, others
Evraz NA and Welded Tube of Canada have lodged an unfair trade complaint against imports of OCTG, including those from USMCA trading partners Mexico and the US.

Final Thoughts
The difference: The spat with Turkey was a big deal for steel. This time, the 50% reciprocal tariff for Brazil – if it goes into effect as threatened on Aug.1 – hits everything from coffee and to pig iron. It seems almost custom-built to inflict as much pain as possible on Brazil.

CRU: US rebar and wire rod prices rise alongside S232 increase
CRU Senior Steel Analyst Alexandra Anderson discusses current market and pricing dynamics for long steel products in the US.
CRU: Excessive global supply could hit rebar mill investments in US
Following the onset of the war in Ukraine in March 2022, concerns about import availability and expectations of rising demand from President Biden’s Infrastructure Bill pushed US rebar prices to record highs. In response, a flurry of new mills and capacity expansions were announced to meet the rise in demand from growth in the construction […]

Steel buyer spirits tempered by soft spot market conditions
Steel sheet buyers report feeling bogged down by the ongoing stresses of stagnant demand, news fatigue, tariff negotiations or implementation timelines, and persistent macroeconomic uncertainty.