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
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