U.S. Steel Production Slows in 2024 Amid Declining Capacity Utilization and Rising Imports

Post Views: 574 U.S. Steel Production Domestic Output Declines Through 2024 U.S. steel production fell in 2024, reaching 80.5 million tons by November 30. That marks a 2.3% drop from 82.4 million tons in the same period last year. According to the American Iron and Steel Institute (AISI), steel mills operated at 75.8% capacity, slightly down from 76.1% in 2023. This signals softening demand or emerging challenges in the domestic steel market.   Weekly Trends and Regional Disparities For the week ending November 30, output dropped to 1.64 million tons, down 2.9% from the same week in 2023 ...