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    Market Segment

    March 4, 2024

    AISI: Raw steel output edges down

    Written by David Schollaert

    Domestic production of raw steel declined slightly last week, moving down for the first time in six weeks, according to the most recent data from the American Iron and Steel Institute (AISI).

    Steel output in the US totaled an estimated 1,716,000 short tons (st) in the week ended March 2. That’s down 0.6% from the previous week and a decrease of 3.4% from the same week last year when production stood at 1,727,000 st.

    David Schollaert

    David Schollaert is deputy editor-in-chief 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. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

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