Market Data
July 16, 2024
US monthly raw steel production reached 9-month high through May
Written by Brett Linton
US raw steel mill production ticked up to 7.57 million short tons (st) in May, a 4% increase from the prior month, according to recently released American Iron and Steel Institute (AISI) data. May marks the highest monthly production rate seen since August 2023.
Domestic production has generally trended downward over the past year, following the 15-month high of 7.71 million st seen last August. May production is just 37,000 st less than the same month last year.

