Market Segment
AISI: Raw Steel Production Ticks Up
Written by Becca Moczygemba
September 25, 2023
Domestic raw steel output was up slightly for the week ending Sept. 23, according to data released by the American Iron and Steel Institute (AISI) on Monday, Sept. 25.
Steel production increased to 1,735,000 tons, up 0.1% from the previous week. Year-over-year (YoY) production is up 3% from 1,684,000 tons during the same period in 2022.
The mill capability utilization rate for the week was 76.3% vs. 76.2% the week prior. The mill capability utilization rate for the same period last year was 76.4%.
Adjusted year-to-date production through Sept. 23 was 65,033,000 net tons, with a capability utilization rate of 76.0%. That is a 1.5% decrease from the 65,999,000 net tons during the same time last year, when the capability utilization rate was 79.4%.
- Northeast – 126,000 (down 9,000 tons)
- Great Lakes – 575,000 (up 4,000 tons)
- Midwest – 220,000 (down 3,000 tons)
- South – 744,000 (up 7,000 tons)
- West – 70,000 (up 3,000 tons)
Becca Moczygemba
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