Weekly Raw Steel Production Dips Again

Raw steel production by domestic mills fell for the third consecutive week, totaling 1,785,000 net tons in the week ending Feb. 5, according to the American Iron and Steel Institute (AISI).

U.S. output was down 0.6% versus the prior week, but was 2.6% higher than the same period last year when production was 1,739,000 net tons. Mill capacity utilization last week averaged 81.1%, a 0.5 percentage point decline from the prior week and a 4.4 percentage point gain compared to the same period one year ago.

David Schollaert

David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

David Schollaert

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