Steel Mills
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/AISI.png)
AISI: Raw steel production slips to four-week low
Written by Brett Linton
June 10, 2024
Domestic raw steel production eased last week, falling from an eight-week high down to a four-week low, according to the latest data from the American Iron and Steel Institute (AISI).
AISI estimated total US steel mill output to have been 1,716,000 short tons (st) in the week ending June 8, down 27,000 st or 1.5% from the week prior. Production was just a tick higher than the year-to-date weekly average of 1,715,000 st. Last week’s total was down 1.3% compared to the same week one year ago when production totaled 1,738,000 st.
The mill capability utilization rate was 77.3% last week. This rate was lower than the prior week (78.5%) but in line with levels seen at this time last year.
Year-to-date production is now up to 38,790,000 st at a capability utilization rate of 76.4%. Annual production is down 2.8% from last year when output was 39,903,000 st at a capability utilization rate of 77.8%.
Weekly production by region is shown below, with the weekly changes noted in parentheses:
- Northeast – 129,000 st (down 7,000 st)
- Great Lakes – 542,000 st (down 9,000 st)
- Midwest – 209,000 st (up 1,000 st)
- South – 770,000 st (down 9,000 st)
- West – 66,000 st (down 3,000 st)
Editor’s note: The raw steel production tonnage provided in this report is estimated and should be used primarily to assess production trends. AISI’s monthly “AIS 7” report is available by subscription and can provide a more detailed summary of domestic steel production.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2024/04/SMU_BL_headshot-V4-150x150.png)
Brett Linton
Read more from Brett LintonLatest in Steel Mills
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Nucor.png)
Nucor lowers 2024 output estimate for Brandenburg plate mill
Nucor has lowered the 2024 production estimate for its Brandenburg, Ky., plate mill due to soft market conditions.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/SSAB.png)
SSAB adjusts output in weak Q3, readies for Q4 rebound
SSAB said lower plate prices in the US were the primary reason for reduced results in the second quarter. With a dismal Q3 outlook, the Swedish steelmaker is adjusting production across its facilities. That includes moving up its annual US mill outage in anticipation of a better Q4. SSAB Americas Revenues in the Americas segment […]
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Nucor.png)
Topalian puts focus on “unfair” trade, eyes USMCA partners
Nucor’s top executive expressed concerns over unfair trade practices, highlighting increased steel imports from Mexico and Canada.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Cliffs_logo2.2.png)
Cliffs sees close of Stelco buy, bottom to steel tags, and Mexico out of USMCA
Cleveland-Cliffs expects its acquisition of Canada’s Stelco to close later this year, which will help the the Cleveland-based steelmaker as a bottom to steel tags nears.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Nucor.png)
Nucor posts lower Q2 earnings, predicts tough Q3 too
Nucor recording lower second quarter earnings on falling steel prices. And the Charlotte, N.C.-based predicted that profits would be lower still in the third quarter, primarily because of weaker results from its steel mills divisions.