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Steel News October 13, 2021 05:10:01 PM

AISI: Raw Steel Output by U.S. Mills Surged Significantly

Paul Ploumis
ScrapMonster Author
The cumulative adjusted year-to-date U.S. raw steel production totalled 73.267 million NT through the week ending on October 9, 2021.

AISI: Raw Steel Output by U.S. Mills Surged Significantly

SEATTLE (Scrap Monster): The U.S. weekly raw steel output recorded notable increase by 19.9% during the week ending on October 9, 2021, when matched with the comparable week in 2020. This is in accordance with the latest weekly domestic production statistics released by the American Iron and Steel Institute (AISI).

The U.S. weekly domestic raw steel output totalled 1.858 million net tons (NT). The domestic mill capability utilization rate was 84.2%. It must be noted that the production had totalled only 1.549 million NT at a much lower capacity utilization rate of 70.1% during the corresponding week a year before. Meantime, the weekly crude steel production recorded marginal decline by 0.7% over the week. The production was 1.872 million NT during the week ended October 2, 2021.

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The cumulative adjusted year-to-date U.S. raw steel production totalled 73.267 million NT through the week ending on October 9, 2021. This is up by 20.2% from the production which totalled 60.931 million NT during the same period in 2020. The capability utilization rate too recorded notable jump from 67.1% to 81.2% over the year.

The leading producer was the Southern region, with an output of 768,000 net tons. The production by Great Lakes region stood at 638,000 net tons during the week. The production by other regions (in thousand net tons) is as follows: North East-181, Midwest-191 and Western-80.

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