Analysis
August 5, 2024
AISI: Raw steel production slips for second week
Written by Brett Linton
Domestic steel mill output eased last week for the second consecutive week, according to the latest release by the American Iron and Steel Institute (AISI). Although production has declined, it remains relatively on the high side compared to rates seen across this year.
Total raw steel mill output was estimated at 1,722,000 short tons (st) in the week ending Aug. 3. This is down 7,000 st or 0.4% from the week prior. Raw production last week was 0.3% higher than the year-to-date weekly average of 1,716,000 st. Production is up 0.6% from the same week one year ago when output totaled 1,712,000 st.

