Market Segment
November 18, 2024
AISI: Raw steel production falls to 5-week low
Written by Brett Linton
Domestic raw steel mill production slipped to a five-week low last week, according to the latest figures released by the American Iron and Steel Institute (AISI). Weekly production is now at the third-lowest level recorded this year.
US mills produced an estimated 1,623,000 short tons (st) of raw steel in the week ending Nov. 16. Output fell by 26,000 st or 1.6% from the prior week. Recall that in mid-October, production fell to a 20-month low of 1,606,000 st (Figure 1).

