Raw steel production in the US has dropped for the second week in a row, according to data released on Monday, July 10, by the American Iron and Steel Institute (AISI). Steel production in the US stood at 1,711,000 net tons for the week ended July 8, down 1.7% from 1,740,000 the previous week. Domestic production is […]
Steel shipments in the US fell 2.4% in May compared with a year earlier, the American Iron and Steel Institute (AISI) said Thursday. Domestic steel mills shipped 7,721,633 net tons in May vs. 7,910,730 net tons in May 2022, but shipments increased 3% from the 7,499,979 net tons shipped in April, according to AISI. Year-to-date […]
The ITC announced today it is taking up the fact-finding investigation requested by the US Trade Representative into greenhouse-gas emissions intensity in the US steel and aluminum industries. In steel, more than 50 products will be examined for their GHG emissions-intensity as of 2022. The study is set to be completed by Jan. 28, 2025. […]
Thomas Carlisle Graham passed away on July 3, 2023, in Naples, Fla., at the age of 96. He is survived by his devoted wife of 75 years, Irene Wallace Graham, and four children – Susan Scheessele, Naples, Fla.; Thomas Graham Jr., Mason, Ohio; John Graham, Bloomington, Ind.; and Sara Balough, Los Angeles. Tom was born […]
Raw steel production by US mills dropped last week after two consecutive weekly increases, according to data released by the American Iron and Steel Institute (AISI) on Wednesday, July 5. Domestic production stood at 1,740,000 net tons during the week ended July 1, down 1% from 1,758,000 tons the previous week. Production is up 0.3% from the same […]
Raw steel production by US mills moved higher again last week, gaining ground for the second straight week, according to data released by the American Iron and Steel Institute (AISI) on Monday, June 26. Domestic production stood at 1,758,000 net tons during the week ended June 24, up 0.9% from 1,743,000 tons the previous week. Production is […]
Raw steel production by US mills rose last week, increasing from the previous week’s drop, according to data released by the American Iron and Steel Institute (AISI) on Tuesday, June 20. Domestic production stood at 1,743,000 net tons during the week ended June 17, up 0.2% from 1,739,000 tons the previous week. Production is up 0.3% from the […]
We are counting down the days until SMU’s Steel Summit Conference on Monday-Wednesday, Aug. 21-23, in Atlanta. It’s only a little over two months away. Approximately 755 people have already registered. Our discounted room blocks are almost gone. Register here. The event will again be held at the Georgia International Convention Center, a massive conference center in close […]
Raw steel production by US mills slipped last week, declining for the first time in five weeks, according to data released by the American Iron and Steel Institute (AISI) on Monday, June 12. Domestic production stood at 1,739,000 net tons in the week ended June 10, down 0.9% vs. 1,754,000 tons the previous week. Despite the […]
Go figure, in the last month, HR spot has continued to decline. The index tied to CME HR futures has given up $140/ST ($1,130/ST to $990/ST). A look at the fundamentals would appear to support the latest market direction. The list includes declining steelmaking component prices (zinc, coking coal, iron ore and scrap), a sharply […]
Bipartisan legislation was introduced in Congress on Wednesday to level the playing field for American workers. The Leveling the Playing Field Act 2.0 would enhance US trade remedy laws to protect American workers and “combat China’s unfair, anti-free market trade practices that distort the global market,” according to a release from Rep. Bill Johnson (R-Ohio). […]
Steel shipments in the US fell 1.7% in April vs. the same month last year, the American Iron and Steel Institute (AISI) reported on Wednesday. AISI said US steel mills shipped 7,499,979 net tons in April, down from 7,629,985 tons shipped a year earlier, but up 1.7% from the 7,372,430 tons shipped during March. Year-to-date […]
Raw steel production by US mills moved higher last week, increasing for the fourth consecutive week, according to data released by the American Iron and Steel Institute (AISI) on Tuesday, June 5. Domestic production stood at 1,754,000 net tons in the week ended June 3, up 1% vs. 1,737,000 tons the previous week. Output was still […]
Raw steel production by US mills edged up again last week, moving higher for the third straight week, according to data released by the American Iron and Steel Institute (AISI) on Tuesday, May 30. Domestic production stood at 1,737,000 net tons in the week ended May 27 vs. 1,728,000 tons the previous week, and the highest […]
The National Transportation Safety Board (NTSB) is urging action for bridges nationwide made of “uncoated weathering steel” (UWS). Based on an ongoing investigation of a 2022 bridge in Pittsburgh, the NTSB recommended on May 18 that federal and state authorities go over inspection reports and identify incomplete follow-up actions for bridges that included the material. “On Jan. […]
Raw steel production by US mills edged up slightly last week, expanding for the second straight week, according to data released by the American Iron and Steel Institute (AISI) on Monday, May 22. Domestic production stood at 1,728,000 net tons in the week ended May 20 vs. 1,725,000 tons the previous week. Output was off 2.4% from […]
A lot of steel companies are talking about being carbon neutral by 2050. But how are we going to get there? And how do we get the rest of the world to come with us? As we proceed with decarbonization, what actually qualifies as “green steel,” and who gets to decide? A conversation today with Kevin […]
Lourenco Goncalves, Cleveland-Cliffs’ chairman, president, and CEO—as well as the newly elected AISI chairman—and Kevin Dempsey, AISI president and CEO, discussed issues ranging from Section 232 tariffs and hydrogen in steelmaking, to steel imports from Mexico, along with a host of other topics on Tuesday at the American Iron and Steel Institute (AISI) General Meeting press […]
Lourenco Goncalves, chairman, president, and CEO of Cleveland-Cliffs, has been elected as chairman of the American Iron and Steel Institute (AISI), the institute said on Monday. The election for the two-year term by AISI’s board of directors took place at the AISI General Meeting at the InterContinental Hotel-The Wharf in Washington, D.C. “Lourenco is a dynamic leader in […]
Raw steel production by US mills recovered last week, up 0.8% from the week prior and moving to its highest output since late August 2022, according to data released by the American Iron and Steel Institute (AISI) on Monday, May 15. Domestic production stood at 1,725,000 net tons in the week ended May 13 vs. 1,712,000 […]
US apparent steel supply rose 6% in March to 8.03 million net tons compared to the previous month, according to data from the US Department of Commerce and the American Iron and Steel Institute (AISI). Apparent steel supply is determined by combining domestic steel mill shipments and finished US steel imports, then deducting total US […]
US steel shipments fell 5.9% in March vs. the same month last year, according to the most recent figures released by the American Iron and Steel Institute (AISI) on Tuesday. Domestic steel mills shipped 7,372,430 net tons in March, off from 7,835,600 net tons shipped a year earlier, but up 6.6% from the 6,917,842 net […]
Raw steel production by US mills dropped slightly last week vs. the previous week, according to data released by the American Iron and Steel Institute (AISI) on Monday, May 8. Domestic steel production was 1,712,000 net tons during the week ended May 6, off 0.2% from 1,716,000 tons the prior week. Production was 3.4% lower than the […]
Raw steel production by US mills inched up again last week, rising 0.9% from the week before and moving higher for a fourth consecutive week, according to data released by the American Iron and Steel Institute (AISI) on Monday, May 1. Domestic steel production stood at 1,716,000 net tons during the week ended April 29 vs. 1,700,000 tons […]
As you make your travel plans for this summer, don’t forget about this year’s Steel Summit Conference in Atlanta. The event will again be held at the Georgia International Convention Center, a world-class conference facility adjacent to the Hartsfield-Jackson Atlanta International Airport—think low airfares and easy access. So mark your calendar for Monday-Wednesday, Aug. 21-23. The […]
Raw steel production by US mills rose slightly last week, up 0.7% from the week prior and moving higher for the second straight week, according to data released by the American Iron and Steel Institute (AISI) on Monday, April 17. Domestic production stood at 1,687,000 net tons in the week ended April 15 vs. 1,675,000 tons […]
Raw steel production by US mills recovered slightly last week, rising 1% from the week prior, according to data released by the American Iron and Steel Institute (AISI) on Monday, April 10. Domestic production stood at 1,675,000 net tons in the week ended April 8 vs. 1,658,000 tons the previous week. Output was off 6.3% from 1,788,000 […]
US steel mill shipments declined 3.2% in February vs. January, and were off 4.4% from February 2022, the American Iron and Steel Institute (AISI) reported on Wednesday. Domestic steel mills shipped 6,917,842 net tons in February, compared with 7,148,270 tons in January and 7,232,679 tons in the same month a year earlier. AISI said that shipments […]
Raw steel production by US mills slipped again last week, down 1.3% from the week prior, according to data released by the American Iron and Steel Institute (AISI) on Monday, April 3. Domestic production stood at 1,658,000 net tons in the week ended April 1 vs. 1,679,000 net tons the previous week. It was off 3.7% from […]
Raw steel production by US mills slipped 0.4% last week from the week prior, according to data released by the American Iron and Steel Institute (AISI) on Monday, March 27. Domestic production stood at 1,679,000 net tons in the week ended March 25 vs. 1,686,000 net tons the previous week. It was off 1.8% from 1,710,000 net tons […]