AISI: Raw steel production ticks up near recent high

The volume of raw steel produced by US mills inched higher last week, according to the American Iron and Steel Institute (AISI). After steadily increasing in April and May, domestic mill output stabilized in early June and has remained historically strong since.

For the week ending July 12, raw steel production rose by 2,000 short tons (st), or 0.1%, week over week (w/w) to an estimated 1,783,000 st (Figure 1). This rate was just 4,000 st shy of the three-year high recorded in mid-June.