Steel Mills
AISI: Raw steel output ticks higher
Written by Laura Miller
May 28, 2024
Raw steel production in the US inched higher for a fourth consecutive week, the American Iron and Steel Institute (AISI) reported on Tuesday.
AISI said US mills, operating at 78.1% of capabilities, produced an estimated 1,735,000 short tons (st) of raw steel in the week ended May 25. This was a 0.4% rise from the prior week’s output of 1,728,000 st when the utilization rate was 77.8%, and the highest weekly production rate since early April.
However, output was down 1.1% from the same time last year, AISI said.
Weekly production by region is shown below, with the weekly changes noted in parentheses:
- Northeast: 138,000 st (+2,000)
- Great Lakes: 555,000 st (+5,000)
- Midwest: 211,000 st (+4,000)
- South: 762,000 st (-3,000)
- West: 69,000 st (-1,000)
Year-to-date production now stands at 35,437,000 st with a capability utilization rate of 76.5%. Output is down 2.7% from the same 2023 period when overall utilization was 77.9%.
Editor’s note: The raw steel production tonnage provided in this report is estimated and should be used primarily to assess production trends. The monthly AISI “AIS 7” report is available by subscription and provides a more detailed summary of domestic steel production.
Laura Miller
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