Prices
November 23, 2021
Weekly Raw Steel Production Edges Up Again
Written by David Schollaert
Domestic raw steel production edged higher in the week ending Nov. 20, increasing for the second consecutive week. U.S. mills produced an estimated 1,861,000 net tons during the week, while the average mill utilization rate rose to 84.3%, according to the American Iron and Steel Institute (AISI).
Production was up an estimated 0.3% compared to the previous week when output was assessed at 1,856,000 net tons and average utilization was 84.1%. Last week’s production total represents a 14.8% increase from year-ago levels when the market continued to recover from the pandemic-driven slowdown. Production by U.S. mills then was 1,621,000 net tons and utilization was 73.3%.

