Steel Products
AISI: Raw Steel Production Sees Large Drop in South
Written by Becca Moczygemba
August 7, 2023
US raw steel production declined last week, with a significant drop seen in the South, according to data released by the American Iron and Steel Institute (AISI) on Monday, August 7.
Domestic steel production decreased to 1,727,000 net tons for the week ended August 5, down 1.3% from the previous week when production was 1,749,000 tons. Production is higher than it was one year ago, however, when US output was 1,720,000 tons.
The mill capability utilization rate was 75.9% for the week, down from 76.9% the week prior. Utilization was also down from 78% in the same week of 2022.
Adjusted year-to-date production through August 5 was 52,870,000 tons at a capability utilization rate of 75.9%. That is down 2.2% from the same time frame one year ago when the utilization rate was 79.9%, AISI said.
Production by region for the week ending August 5 is below. (Note: Changes from the prior week are in parentheses.)
- Northeast – 133,000 tons (down 1,000 tons)
- Great Lakes – 549,000 tons (down 3,000 tons)
- Midwest – 225,000 tons (up 6,000 tons)
- South – 752,000 tons (down 30,000 tons)
- West – 68,000 tons (up 6,000 tons)
Becca Moczygemba
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