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    Analysis

    July 15, 2024

    AISI: Raw steel production rebounds to 6-week high

    Written by Brett Linton

    Domestic raw steel production rebounded from a five-month low last week, according to the latest release by the American Iron and Steel Institute (AISI). Production now stands at the highest recorded weekly rate since the first week of June.

    Total US steel mill output was estimated to have been 1,735,000 short tons (st) in the week ending July 13. This is up 40,000 st or 2.4% from the week prior. Raw production last week was 1.2% higher than the year-to-date (YTD) weekly average of 1,715,000 st. Production is up 2.7% compared to the same week one year ago when production totaled 1,689,000 st. 

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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