IDA Universal January - February 2025
22
AISI: U.S. Raw Steel Output Ended
November on a Weak Note
SEATTLE (Scrap Monster):
e most current weekly
domestic production data
released by the American
Iron and Steel Institute
(AISI) shows a 2.9% decline
in U.S. weekly raw steel pro-
duction for the week ending
November 30, 2024. is is
in comparison with the same
week the previous year.
Over the course of the
week, the United States
produced 1.638 million net
tons (NT) of domestic raw
steel. e utilization rate of
the domestic mill capabilities
was 73.8%. It is vital to keep
in mind that output reached
1.687 million NT during the
same week last year, with a
little lower capacity utilization
rate of 73.4%.
e production of crude
steel also decreased by a slight
1.0% from the week before.
With a capability utilization
The United States produced 1.638 million net tons (NT) of domestic raw
steel during the week.
rate of 74.5%, 1.655 million
NT were produced in the
preceding week, which ended
on November 23, 2024.
With 690,000 net tons, the
Southern region produced the
most. 544,000 net tons were
generated during the week in
the Great Lakes region. North
East-127, Midwest-227, and
Western-50 are the other
regions' productions (in thou-
sand net tons).
As of November 30, 2024,
the adjusted year-to-date
output was 80.517 million
net tons, with a capability
utilization rate of 75.8%. is
represents a 2.3% decrease
from the 82.422 million
net tons of production and
76.1% capacity utilization rate
recorded during the same
period in 2023.
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Trends and TidbitsContinued from page 20
Trends & Tidbits continued
on page 24
