Steel Products

AISI: US raw steel output inches up 1%

December 18, 2023

US steel production increased for the week ended Dec. 16, according to the American Iron and Steel Institute’s (AISI’s) report on Monday, Dec. 18.

Raw steel output totaled 1,714,000 net tons, up 1.0% from 1,697,000 tons a week earlier and up 8.8% from 1,576,000 tons in the same period last year.

The mill capability utilization for the week stood at 74.6% vs. 73.8% a week before and 70.6% a year ago.

Adjusted year-to-date production through Dec. 16 was 85,354,000 tons at a capability utilization rate of 75.4%. That is down marginally from the 85,377,000 tons produced during the same period in 2022 when the rate was 77.5%.

Production by region is shown below with the week-over-week change shown in parentheses:

Northeast – 133,000 (up 3,000 tons)
Great Lakes – 560,000 (up 5,000 tons)
Midwest – 187,000 (down 3,000 tons)
South – 764,000 (up 8,000 tons)
West – 70,000 (up 4,000 tons)

Ethan Bernard

Ethan Bernard is a reporter and editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA. in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.