Features

AISI: Raw steel output slips following six-month high
Written by Brett Linton
April 7, 2025
The volume of raw steel produced by US mills dipped last week after hitting a six-month high, according to the American Iron and Steel Institute (AISI). Despite this decline, production remains in line with the average rates seen so far this year.
Domestic steel mill production was estimated at 1,656,000 short tons (st) for the week ending April 5 (Figure 1), down 41,000 tons or 2.4% from the previous week.

Last week’s production was 0.2% below the year-to-date weekly average of 1,659,000 st per week. Compared to levels one year ago, production this week was 2.4% lower.
The mill capability utilization rate last week was 74.4%. This is down compared to both the prior week (76.2%) and the same week last year (76.3%)
Year-to-date production totals 22,524,000 st at a capability utilization rate of 74.5%. This is 1.4% lower than the same period of last year, when 22,838,000 st had been produced at a rate of 75.8%.
This week’s decline was primarily driven by reduced output in the Southern region, according to AISI:
- Northeast – 117,000 st (down 9,000 st w/w)
- Great Lakes – 534,000 st (up 26,000 st)
- Midwest – 245,000 st (up 14,000 st)
- South – 694,000 st (down 65,000 st)
- West – 66,000 st (down 7,000 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 graphic included in this report shows unadjusted weekly data. The monthly AISI “AIS 7” report is available by subscription and provides a more detailed summary of domestic steel production.

Brett Linton
Read more from Brett LintonLatest in Features

Final Thoughts
Despite some scary headlines lately (especially about Trump potentially firing Fed Chair Jerome Powell) this is not October 2008 (financial crisis) or March 2020 (onset of the pandemic). But it sure seems like we’ve taken a relatively strong economy and poured a thick sauce of uncertainty over it.

CRU: Rising protectionism will continue to weigh on Chinese steel export prices
Chinese steel export prices are expected to remain stable or fall in the coming weeks as trade restrictions rise and tensions between the country and the US escalate.

Fed indicators signal healthy manufacturing sector
Recent Federal Reserve data paints a positive picture of the US manufacturing sector. Manufacturing indicators remained strong through February and March figures

Steel market chatter this week
Earlier this week, SMU polled steel buyers on an array of topics, ranging from market prices, demand, and inventories to tariffs, imports, and evolving market events.

Final Thoughts
I put some of our survey data through ChatGpt, with interesting results.