Steel Products
August 14, 2023
Raw Steel Production Ticks Up: AISI
Written by Becca Moczygemba
Domestic raw steel production inched up last week, according to data released by the American Iron and Steel Institute (AISI) on Monday, Aug. 14.
Steel production in the US increased to 1,737,000 net tons for the week ended Aug. 12, up 0.6% from the previous week when production was 1,727,000 tons. Production is 1% higher than it was one year ago, when US output was 1,719,000 tons.
The mill capability utilization rate was 76.4% for the week, up from 75.9% the week prior. However, utilization was down from 78% in the same week of 2022.
Adjusted year-to-date production through Aug. 12 was 54,607,000 tons at a capability utilization rate of 75.9%. That is down 2.1% from the same time frame one year ago when the utilization rate was 79.7%, AISI said.
Production by region for the week ending Aug. 12 is below. (Note: Changes from the prior week are in parentheses.)
- Northeast – 132,000 tons (down 1,000 tons)
- Great Lakes – 568,000 tons (up 19,000 tons)
- Midwest – 217,000 tons (down 8,000 tons)
- South – 749,000 tons (down 3,000 tons)
- West – 71,000 tons (up 3,000 tons)
