Analysis
January 6, 2025
AISI: Raw steel production slips to 7-week low
Written by Brett Linton
Raw steel mill production declined last week for the second-consecutive week, according to data released by the American Iron and Steel Institute (AISI). Domestic production is now at the lowest level seen since mid-November. This comes just two weeks after production had recovered to a three-month high.
Total US mill raw production was estimated at 1,635,000 short tons (st) through the week ending Jan. 4. Production declined by 23,000 st or 1.4% from the previous week and was 1.3% lower than the same week last year (Figure 1). While down, production is still higher than the 20-month low of 1,606,000 st recorded back in October.
