Market Segment
November 4, 2024
AISI: Raw steel production stumbles
Written by Brett Linton
Following three consecutive weekly increases, raw steel production in the US slipped last week, according to the latest American Iron and Steel Institute (AISI) data. Weekly production is now at the third-lowest level recorded this year.
Domestic mills produced an estimated 1,629,000 short tons (st) of raw steel in the week ending Nov. 2. Output fell by 31,000 st or 1.9% from the prior week, with all regions seeing declines. Recall that in mid-October, production fell to a 20-month low of 1,606,000 st (Figure 1).

