Steel Mills

AISI: Raw steel output edges down in mid-January

January 16, 2024

Raw steel production in the US decreased marginally in the second week of 2024, according to the most recent data from the American Iron and Steel Institute (AISI).

Domestic steel output totaled an estimated 1,699,000 net tons in the week ended Jan. 13. That’s down 0.5% from the previous week, and comparable to the same week last year when production stood at 1,697,000 tons.

The mill capability utilization rate was 76.5% during the second week of 2024, down from 76.9% a week earlier but up from 75.9% a year ago.

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

Northeast – 123,000 tons (down 2,000 tons)
Great Lakes – 553,000 tons (down 4,000 tons)
Midwest – 193,000 tons (up 3,000 tons)
South – 769,000 tons (down 2,000 tons)
West – 61,000 tons (down 3,000 tons)

David Schollaert

David Schollaert is a senior analyst for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. Based in CRU’s Pittsburgh office, David can be reached at david@steelmarketupdate.com or 724-720-1008.