Steel Product Producers
AISI: Southern region gets boost in raw steel production
Written by Becca Moczygemba
November 20, 2023
Raw steel production in the US inched up in the week ended Nov. 18, according to data released by the American Iron and Steel Institute (AISI) on Monday, Nov. 20.
Steel production in the US moved up 0.8% to 1,696,000 net tons from 1,683,000 tons the previous week. The Southern region in particular increased by 15,000 tons.
Production is up 6.4% from the 1,594,000 tons produced in the same week one year ago.
The mill capability utilization for the week was 73.8% compared to 73.2% the week before. During the same week in 2022, mill capability utilization was at 71.5%.
Adjusted year-to-date production through Nov. 18 was 78,701,000 tons at a capability utilization rate of 75.7%. That is 0.4% less than the 79,043,000 tons produced during the same period one year ago when the rate was 78.1%.
Production by region is shown below with the week-over-week change shown in parentheses:
- Northeast – 129,000 (down 2,000 tons)
- Great Lakes – 548,000 (down 4,000 tons)
- Midwest – 182,000 (up 36,000 tons)
- South – 770,000 (up 15,000 tons)
- West – 67,000 (down 2,000 tons)
Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Product Producers
CRU: Gerdau mulls new steel mill in Mexico
Brazil-based Gerdau has announced it will carry out a feasibility study into the greenfield development of a 600,000 metric-ton-per-year (mt) special steel plant in Mexico.
Klöckner loss widens in Q1 but sees brighter quarter ahead
Klöckner & Co. logged a wider net loss in the first quarter on-year, but the Duisburg, Germany-based service center group expects higher shipments and sales in the upcoming three months.
Thyssenkrupp Materials Services adds Sinton stocking site
Thyssenkrupp Materials Services is continuing its expansion in North America. It announced the opening of a new steel service center in Sinton, Texas, to primarily serve the automotive, HVAC, and construction markets.
Majestic Steel opens Arkansas location on Nucor campus
Majestic Steel announced the completion of its flagship Majestic Steel Arkansas facility in Blytheville on the campus of Nucor Steel Hickman.
United Steel Supply to open Indiana processing facility
United Steel Supply plans to invest up to $10 million to open a steel processing and painting facility at the Ports of Indiana-Jeffersonville near Louisville, Ky.