Market Segment
December 2, 2024
AISI: Output remains low as raw steel production slips
Written by Brett Linton
The volume of raw steel produced by US mills slipped last week, according to the American Iron and Steel Institute (AISI). Weekly production has hovered in this territory for the last two months and is at the sixth lowest rate of this year.
Total raw steel output was estimated at 1,638,000 short tons (st) in the week ending Nov. 30. Mill production declined by 17,000 st, or 1.0%, from the previous week. Recall that raw production fell to a 20-month low of 1,606,000 st in mid-October (Figure 1).

