Steel Product Producers

AISI: Raw steel production moves higher
Written by David Schollaert
August 19, 2024
Domestic steel mill output rose last week for the second consecutive week, according to the latest release by the American Iron and Steel Institute (AISI).
Total raw steel mill production was estimated at 1,754,000 short tons (st) in the week ending Aug. 17. That’s up 19,000 st, or 1.1%, from the week prior. It’s also the highest weekly output year to date.
Raw steel production is in addition up 0.7% from the same week one year ago, when output totaled 1,742,000 st.
The mill capability utilization rate for last week was 79%. That’s higher than the week prior (78.1%) and better than this time last year (76.6%). It the best utilization rate since Feb. 18, 2023, according to AISI data.
Year-to-date production stands at 55,910,000 st at a capability utilization rate of 76.6%. This is down 2% vs. the same year-ago period, when 57,076,000 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 – 124,000 st (down 3,000 st)
- Great Lakes – 588,000 st (up 8,000 st)
- Midwest – 218,000 st (up 11,000 st)
- South – 763,000 st (up 11,000 st)
- West – 68,000 st (down 8,000 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 Product Producers

Fabricator Merrill Steel building $32M+ facility in Arkansas
Steel fabricator Merrill Steel will spend over $32 million to construct a manufacturing facility Osceola, Ark.

Explosion rocks ArcelorMittal’s DR plant in Mexico
ArcelorMittal reported a "strong" explosion at the direct reduction part of its massive Lazaro Cardenas mill in Mexico.

Galvanized steel prices slip while demand remains flat: HARDI
Galvanized steel prices dipped to ~$48/hundredweight in August from the $50-59/hundredweight range during the month of July.

Zekelman Industries creates VP role to accelerate AI adoption
To drive the company-wide adoption of artificial intelligence, Zekelman Industries has created a new role – Vice President of AI and Innovation – and hired Jason Pappas to fill it.

Mill Steel relocating Texas facility to Port of Houston
Mill Steel Co. announced it is relocating its Houston operations to a bigger facility at the Port of Houston.