Steel Mills
AISI: Raw steel production rebounds
Written by David Schollaert
August 12, 2024
Domestic steel mill output rose last week after falling for two straight weeks, according to the latest release by the American Iron and Steel Institute (AISI).
Total raw steel mill production was estimated at 1,735,000 short tons (st) in the week ending Aug. 10. That’s up 13,000 st, or 0.8%, from the week prior. It’s also the second highest weekly output year-to-date.
Raw steel production is in addition up 0.4% from the same week one year ago, when output totaled 1,742,000 st.
The mill capability utilization rate for last week was 78.1%. That’s higher than the week prior (77.5%) and than this time last year (76.6%).
Year-to-date production stands at 54,156,000 st at a capability utilization rate of 76.5%. This is down 2.1% vs. the same year-ago period, when 55,334,000 st were produced at a capability utilization rate of 77.2%.
Weekly production by region is detailed below, with the weekly changes noted in parentheses:
- Northeast – 127,000 st (down 3,000 st)
- Great Lakes – 580,000 st (down 2,000 st)
- Midwest – 207,000 st (down 4,000 st)
- South – 752,000 st (up 19,000 st)
- West – 69,000 st (up 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. The monthly AISI “AIS 7” report is available by subscription and provides a more detailed summary of domestic steel production.
David Schollaert
Read more from David SchollaertLatest in Steel Mills
USW seeks clarity on plans for Granite City Works
The United Steelworkers union has asked U.S. Steel to elaborate on its Granite City Works plans following reports that the steelmaker is ending processing at the facility.
Nucor maintains plate prices, opens October order book
Nucor aims to keep plate prices flat for a seventh straight month with the opening of its October order book.
ArcelorMittal Mexico to import from sister mills as it works to resume DRI production
ArcelorMittal has partially restarted operations at its direct reduction plant in Lazaro Cardenas, Michoacan. An explosion on Aug. 18 rocked the massive steelworks on Mexico’s Pacific coast, impacting production of direct-reduced iron (DRI).
Fall maintenance outages are coming in hot
Labor Day has passed, the sun is starting to set a little earlier each day, and cooler weather has begun to find its way down to many of us across North America. And you know what that means for the steel industry… Fall maintenance outages!
AISI: Domestic steel production ticks up
US raw steel production ticked up in the week ending on Sept. 6 after a decrease the week before, according to the most recent data from the American Iron and Steel Institute (AISI).