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AISI: Raw steel output rises to kick off new year
Written by Ethan Bernard
January 8, 2024
Raw steel production in the US increased in the first week of 2024, according to the most recent data from the American Iron and Steel Institute (AISI).
Domestic steel output totaled an estimated 1,707,000 net tons in the week ended Jan. 6. That’s up 1.6% from both the previous week and the same week last year when production stood at 1,680,000 tons.
The mill capability utilization rate was 76.9% to start the year, up from 73.1% a week earlier and 75.2% a year ago.
Production by region is shown below, with the week-over-week changes shown in parentheses:
- Northeast – 125,000 tons (unchanged)
- Great Lakes – 557,000 tons (up 12,000 tons)
- Midwest – 190,000 tons (up 7,000 tons)
- South – 771,000 tons (up 9,000 tons)
- West – 64,000 tons (down 1,000 tons)
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2024/01/01.08.24_Raw_Steel-1024x655.png)
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Ethan Bernard
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