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US steel mills produced more raw steel last week than they have over the past seven months, according to the American Iron and Steel Institute.
The volume of raw steel produced by US mills remained relatively flat last week, maintaining the rebound seen one week prior, according to the American Iron and Steel Institute (AISI). Previously at the second-highest rate of the year, production continues to hold at one the strongest levels recorded over the last six months.
Steel buyers responding to this week’s SMU market survey report a continued softening in sheet lead times. Meanwhile, plate lead times have moderately extended and are at a one-year high.
Raw steel mill production is now at the second-highest weekly total recorded so far this year, nearing one of the strongest levels logged over the past six months, according to the American Iron and Steel Institute (AISI).
Raw steel mill output from US mills rebounded last week, according to the American Iron and Steel Institute (AISI). Production is now at the highest weekly rate recorded so far this year.
February’s global raw steel output is tied with last December's for the fourth-lowest monthly production rate recorded over the past two years.
South Korea’s Hyundai has formally announced a nearly $6-billion investment to build a steel mill in Louisiana to supply steel for the company’s automotive interests in the southeastern US.
After a multi-week increase, buyers responding to our market survey this week reported that lead times are stabilizing or marginally declining for each of the sheet and plate products we track.
Raw steel mill production remains at one of the higher rates recorded so far this year.
Raw steel mill output rebounded last week after falling to one of the lowest levels of the year, according to the American Iron and Steel Institute (AISI). Production is now at the second-highest weekly rate recorded so far in 2025.
Pacific Steel Group has broken ground on its Mojave Micro Mill in Southern California.
"We urge you to resist any requests for exceptions or exclusions and to continue standing strong on behalf of American steel," the companies wrote.
US steel mills produced an estimated 1,659,000 short tons (st) of raw steel last week, according to data recently released by the American Iron and Steel Institute (AISI).
US steel mills produced an estimated 1,670,000 short tons (st) of raw steel last week, according to recently released American Iron and Steel Institute (AISI) figures.
Steel mill negotiation rates have declined in each of our last two surveys; this week’s rate is the lowest recorded since March 2024.
Raw steel mill production held relatively steady last week, according to recent figures released by the American Iron and Steel Institute (AISI).
Weekly raw steel mill production levels have fluctuated within a relatively narrow range across the last four months, according to data released by the American Iron and Steel Institute (AISI).
Raw steel mill production increased last week, according to the most recently released American Iron and Steel Institute (AISI) data.
The amount of finished steel that entered the US market fell to a multi-month low in November, according to an analysis of Department of Commerce and the American Iron and Steel Institute (AISI) data.
Buyers participating in our first market survey of 2025 reported a slight decline in mill lead times compared to our last survey in mid-December. After rising moderately in early December, lead times edged lower through this week and are now only slightly above the lows seen back in July and November. Overall, production times have remained historically short since last summer, with minimal movement since then.
Domestic production remains significantly low compared to levels recorded earlier in the year.
Production times are marginally higher than those seen in recent weeks, now closer to levels witnessed throughout October.
Domestic raw steel mill production increased to a four-week high last week, according to the American Iron and Steel Institute (AISI).
Output from steel mills around the globe totaled 152.1 million metric tons (mt) in October, the highest monthly rate recorded since July.
Steel buyers participating in our market survey this week reported stable mill lead times for both sheet and plate steel products.
Most steel buyers SMU polled this week reported that mills remain willing to negotiate new order pricing.
Sheet lead times are stable to slightly extended compared to late-October levels, but are down for all products relative to production times one month ago.
Following three consecutive weekly increases, raw steel production in the US slipped last week to the third-lowest level recorded this year.
Domestic raw steel production recovered for the third consecutive week last week, according to the latest figures released from the American Iron and Steel Institute (AISI). While up, output remains near one of the lowest rates recorded across 2024.