Steel Mills

AISI: Raw steel production reaches top mark YTD
Written by David Schollaert
April 8, 2024
Domestic raw steel output moved higher last week after rebounding from a seven-week low just two weeks ago, reaching its highest total year to date, according to the latest release from the American Iron and Steel Institute (AISI).
Total steel output in the US was estimated to have been 1,745,000 short tons (st) in the week ending April 6, up 1.3% from the week prior. Raw production is down 1% compared to the same week last year, when production totaled 1,762,000 st.
The mill capability utilization rate was 78.6% last week, up from both the week prior (77.5%) and one year ago (78.4%).
Year-to-date production through April 6 was 23,497,000 st at a capability utilization rate of 76.4%. Annual production is down 2.4% from the same time frame last year, when 24,085,000 st were produced at a capability utilization rate of 77.7%.
Production by region is shown below, with the week-over-week changes shown in parentheses:
- Northeast – 139,000 st (up 3,000 st)
- Great Lakes – 588,000 st (up 4,000 st)
- Midwest – 198,000 st (up 8,000 st)
- South – 755,000 st (up 3,000 st)
- West – 65,000 st (up 5,000 st)
Editor’s note: The raw steel production tonnage provided in this report is estimated. The figures are compiled from weekly production tonnage provided by approximately 50% of the domestic production capacity combined with the most recent monthly production data for the remainder. Therefore, this report should be used primarily to assess production trends. The AISI production report “AIS 7”, published monthly and available by subscription, provides a more detailed summary of steel production based on data supplied by companies representing 75% of U.S. production capacity.

David Schollaert
Read more from David SchollaertLatest in Steel Mills

Hot-rolled coil market remains slow, market participants say
Hot rolled spot market participants reported another week of moderate demand and ample supply, with no strong signs that conditions will change next week.

CRU: Blackout knocks out ArcelorMittal mill ‘for months’
Truchas works in Lazaro Cadenas, Michoacan, western Mexico. Repairs may take up to six months.

Nippon Steel posts quarterly loss on cost to buy U.S. Steel
Nippon Steel earnings take hit from buy of U.S. Steel.

Atlas completes Evraz NA deal, renames firm, and hires former USS exec as CEO
Atlas Holdings has completed its acquisition of Evraz North America (Evraz NA) and its subsidiaries.

ArcelorMittal: As tariffs slow global growth, Calvert could be a bright spot
ArcelorMittal expects less demand growth across most of the markets it operates in, including the US, because of President Donald Trump’s tariffs. But the Luxembourg-based steelmaker also thinks it stands to benefit from an increasingly regionalized world thanks to investments like the new EAF at its mill in Calvert, Ala.