Steel Product Producers
AISI: Raw Steel Output Down Across All Regions
Written by Becca Moczygemba
November 13, 2023
Raw steel production in the US decreased in the week ended Nov. 11, according to data released by the American Iron and Steel Institute (AISI) on Monday, Nov. 13.
Domestic steel production was down 0.9% to 1,683,000 net tons from 1,699,000 net tons the week prior. This is the second week that production has dropped.
Production is up 5.6% from the 1,594,000 tons produced in the same week one year ago.
The mill capability utilization for the week was 73.2% compared to 73.9% the week before. During the same week one year ago, mill capability utilization was 71.5%
Adjusted year-to-date production through Nov. 11 was 77,005,000 tons at a capability utilization rate of 75.8%. That is 0.6% less than the 77,449,000 tons produced in the same period one year ago when the capability utilization rate was 78.1%.
Production by region is shown below with the week-over-week change shown in parentheses:
- Northeast – 131,000 (down 1,000 tons)
- Great Lakes – 552,000 (down 3,000 tons)
- Midwest – 176,000 (down 3,000 tons)
- South – 755,000 (down 7,000 tons)
- West –69,000 (down 2,000 tons)
Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Product Producers
Nippon could up investment in USS facilities to $7B: Report
It's the latest twist as the proxy battle heats up for Pittsburgh-based U.S. Steel.
Hybar expansion still on the table as Arkansas mill startup nears
As Hybar nears the completion of its $700-million rebar mill in Arkansas, the company said it is still “actively considering” building other steel facilities in the southern US.
Bull Moose announces closure of Ontario tube plant
The welded tube maker is closing its only manufacturing facility in Canada after serving the Canadian market for over 35 years.
Global steel production edges lower in February
February’s global raw steel output is tied with last December's for the fourth-lowest monthly production rate recorded over the past two years.
Fate of U.S. Steel hangs in the balance
The future of U.S. Steel remains unclear, but the proxy fight for control of the company is heating up. Shareholders will cast their votes on the company's future at the annual meeting in May.