Steel Products

AISI: Raw Steel Production Rebounds
Written by Becca Moczygemba
September 18, 2023
Raw steel output in the US ticked up for the week ending Sept. 16, a reversal after three weeks of decline, according to data released by the American Iron and Steel Institute (AISI) on Monday, Sept. 18.
Steel production rose to 1,733,000 tons, a 0.7% increase from the previous week’s 1,721,000 tons. Production was also up 2.9% year over year (YoY), when production was 1,684,000 tons.
The mill capability utilization rate for the week was 76.2%, up from the week prior’s 75.7%. However, YoY, capability utilization was down from 2022’s 76.4%.
AISI said that the adjusted year-to-date raw steel production through Sept. 16 was 63,298,000 tons, with a capability utilization rate of 76%. That is down 1.6% from the 64,316,000 tons produced during the same period one year prior with a capability utilization rate of 79.4%.
- Northeast – 135,000 (up 3,000 tons)
- Great Lakes – 571,000 (up 16,000 tons)
- Midwest – 223,000 (up 4,000 tons)
- South – 737,000 (down 7,000 tons)
- West – 67,000 (down 4,000 tons)


Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Products

UAW Has Upper Hand vs. Automakers: Schenker
The United Auto Workers (UAW) union has more leverage than the Detroit Three automakers in the current strike that started Sept. 15, according to Jason Schenker, president of Prestige Economics.

US Rig Count Drops, Canada Unchanged
The number of active oil and gas drilling rigs in the US dropped this week, while Canada’s count remains unchanged, according to the most recent data from oilfield services company Baker Hughes.

CRU: Demand-side Factors to Create Drag on Global Sheet Markets
Demand will be the determining factor in what happens to steel sheet prices globally for the remainder of the year, and most risks right now are to the downside. An autoworkers strike has started in the USA and could increase price volatility in the domestic sheet market. The longer and more severe this strike is, […]

Driving the Debate: Auto Worker’s Wage Demands in an Era of EV Transition
The LME aluminum 3-month price was up 0.8% on the morning of Friday Sept. 22. It was last seen trading at $2,238/metric tons, remaining above the $2,200/t mark for most of the past week.

Zekelman Industries Expanding ZI-Strut Line
Zekelman Industries has announced an expansion of its its ZI-Strut™ metal framing and accessories product line.