Steel Product Producers
Raw Steel Down in First Week of October: AISI
Written by Becca Moczygemba
October 9, 2023
US raw steel production dropped for the week ending Oct. 7, according to data released by the American Iron and Steel Institute (AISI) on Monday, Oct. 9.
Domestic steel production fell 1.4% to 1,698,000 tons from 1,722,000 tons the week prior. Compared to the same period one year ago, production was up 3.3% when 1,644,000 tons were produced.
The mill capability utilization rate for the week was 74.7% compared to 75.7% a week earlier. During the same period in 2022, the mill capability utilization rate was 73.7%.
Adjusted year-to-date production through Oct. 7 was 68,468,000 tons, at a capability utilization rate of 75.9%. That was down 1.2% from the 69,327,000 tons during the same period one year ago when the capability utilization rate was 78.8%.
- Northeast – 132,000 (down 2,000 tons)
- Great Lakes – 558,000 (down 10,000 tons)
- Midwest – 204,000 (down 2,000 tons)
- South – 738,000 (down 8,000 tons)
- West – 66,000 (down 2,000 tons)
Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Product Producers
Algoma to shut down line in Ontario ahead of EAF start
The 106” Mill was part of Algoma's plate and strip combination facility.
Nippon trial vs. US government to begin early next month: Report
Nippon Steel’s litigation against the US government is set to begin in early February, according to a report by Japan’s Kyodo News Agency. Nippon will file its opening brief on Feb. 3. And both parties will conclude their claims by March 17 in the US Court of Appeals for the District of Columbia Circuit, Kyodo […]
Brown Strauss Steel names new chief executive
Denver-based service center Brown Strauss Steel has named Kris Farris as CEO, effective Jan. 1. Farris has also joined the company’s board of directors. He previously served as president and COO of Brown Strauss Steel. Farris is taking over from Ryan Secrist, who held the CEO role since 2013. Secrist is stepping down from position […]
Nucor carbon targets certified by GSCC
Nucor’s “ambitious” carbon targets by the end of the decade and beyond have been certified by the Global Steel Climate Council (GSCC). The Charlotte, N.C.-based steelmaker used a base year of 2023 for its science-based emissions targets (SBET). It set an SBET of 0.975 metric tons (mt) of CO2 emissions per mt of hot-rolled steel […]
SSAB halts talks with Feds on Miss. green steel plant
The Department of Energy's Industrial Demonstrations Program page states that it is no longer moving forward with SSAB.