Analysis
July 22, 2024
AISI: Raw steel production ticked higher last week
Written by Brett Linton
Domestic raw steel production rose to a seven-week high last week, according to the latest release by the American Iron and Steel Institute (AISI). Raw output from US steel mills now stands at the highest recorded weekly rate since the first week of June.
Total steel mill output was estimated to have been 1,739,000 short tons (st) in the week ending July 20. This is up 4,000 st, or 0.2%, from the week prior. Raw production last week was 1.4% higher than the year-to-date weekly average of 1,716,000 st. Production is up 3.0% vs. the same week one year ago when production totaled 1,689,000 st.

