Steel Products

AISI: Raw Steel Production Rebounds

September 18, 2023

Raw steel output in the US ticked up for the week ending Sept. 16, a reversal after three weeks of decline, according to data released by the American Iron and Steel Institute (AISI) on Monday, Sept. 18.

Steel production rose to 1,733,000 tons, a 0.7% increase from the previous week’s 1,721,000 tons. Production was also up 2.9% year over year (YoY), when production was 1,684,000 tons.

The mill capability utilization rate for the week was 76.2%, up from the week prior’s 75.7%. However, YoY, capability utilization was down from 2022’s 76.4%.

AISI said that the adjusted year-to-date raw steel production through Sept. 16 was 63,298,000 tons, with a capability utilization rate of 76%. That is down 1.6% from the 64,316,000 tons produced during the same period one year prior with a capability utilization rate of 79.4%.

Northeast – 135,000 (up 3,000 tons)
Great Lakes – 571,000 (up 16,000 tons)
Midwest – 223,000 (up 4,000 tons)
South – 737,000 (down 7,000 tons)
West – 67,000 (down 4,000 tons)

Becca Moczygemba

Becca Moczygemba is a reporter and editor for Steel Market Update. She has been in the steel industry since 2017, specializing in flat-rolled products. Prior to joining SMU, she held positions at Mitsui & Co. and Kloeckner Metals. Becca has a BA in Organizational/Corporate Communication from the University of Houston and an MBA from Norwich University. Contact Becca at becca@steelmarketupdate.com or 724-720-1000.