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    November 7, 2022

    Raw Steel Output, Utilization Drop Further: AISI

    Written by David Schollaert

    Raw steel production by US mills continued to slide for a third consecutive week, keeping utilization and output at their lowest levels in nearly two years, according to the latest data from the American Iron and Steel Institute (AISI). Capability utilization has now remained below the 80% mark for 17 straight weeks.

    Domestic steel output was 1,640,000 net tons during the week ending Nov. 5, the lowest level since Dec. 26, 2020, when it totaled 1,600,000 net tons. Output was down 1.4% from the week prior and down 10.3% from 1,828,000 tons during the same week last year.

    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.

    Read more from David Schollaert

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