Steel Products
AISI: Raw Steel Output Up for Third Straight Week
Written by Becca Moczygemba
July 31, 2023
US raw steel production inched up for a third consecutive week, according to data released by the American Iron and Steel Institute (AISI) on Monday, July 31.
Steel production in the US increased to 1,749,000 net tons for the week ended July 29, up 0.5% from 1,741,000 net tons the previous week. US production is 1.6% higher than it was during the same time one year prior when it was 1,721,000 net tons.
Domestic mill capability utilization rate was 76.9% last week, up slightly from 76.6% the previous week. Utilization was down from 78.1% in the same period in 2022.
Adjusted year-to-date production through July 29 was 51,111,000 tons at a capability utilization rate of 75.8%. That is down 2.4% from 52,362,000 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 29 is below. (Note: week-over-week changes are in parentheses.)
- Northeast – 134,000 tons (down 3,000 tons)
- Great Lakes – 552,000 tons (up 22,000 tons)
- Midwest – 219,000 tons (down 3,000 tons)
- South – 782,000 tons (down 3,000 tons)
- West – 62,000 tons (down 5,000 tons)


Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Products

September energy market update
In this Premium analysis we examine North American oil and natural gas prices, drill rig activity, and crude oil stock levels through September. Trends in energy prices and rig counts serve as leading indicators for oil country tubular goods (OCTG) and line pipe demand.

Market says cutting interest rates will spur stalled domestic plate demand
Market sources say demand for domestic plate refuses to budge despite stagnating prices.

U.S. Steel to halt slab conversion at Granite City Works
U.S. Steel said it plans to reduce slab consumption at its Granite City Works near St. Louis, a company spokesperson said on Monday. The Pittsburgh-based steelmaker will shift the production and processing of steel slabs to its Mon Valley Works near Pittsburgh and its Gary Works near Chicago. Citing a United Steelworkers (USW) union memo, […]

SMU Week in Review: September 1-5
Here are highlights of what’s happened this past week and a few upcoming things to keep an eye on.

HR Futures: Market finds footing on supply-side mechanics
As Labor Day marks the transition into fall, the steel market enters September with a similar sense of change. Supply-side fundamentals are beginning to show signs of restraint: imports are limited, outages loom, and production is capped, setting the stage for a market that feels steady on the surface but still unsettled underneath.