U.S. Steel Production Shows Modest Year-over-Year Growth
In the week ending January 18, 2025, U.S. domestic raw steel production reached 1,644,000 net tons, with a capability utilization rate of 73.8%. This represents a modest increase of 0.9% from the same week in 2024, when production was 1,629,000 net tons, and the utilization rate stood at 73.3%. The small year-over-year uptick reflects ongoing stability in the domestic steel industry.
However, production numbers for the week ending January 18, 2025, were down 0.9% compared to the prior week. During the week ending January 11, 2025, steel production was higher, totaling 1,659,000 net tons, with a capability utilization rate of 74.5%. This dip may be attributed to routine fluctuations in production or temporary slowdowns in specific regions or mills.
Regional Production Breakdown
Steel production in the U.S. continues to vary across different regions. For the week ending January 18, 2025, production was distributed as follows:
• North East: 118,000 net tons
• Great Lakes: 495,000 net tons
• Midwest: 241,000 net tons
• Southern: 731,000 net tons
• Western: 59,000 net tons
The Southern region continues to lead in production, contributing 731,000 net tons of the total 1,644,000 net tons produced. The Great Lakes region follows closely behind, with 495,000 net tons, making it another key steel production hub in the country. These regions, with their large-scale mills and established industrial
Year-to-Date Production Increases by 1.1%
Year-to-date production figures also demonstrate growth. As of January 18, 2025, the total adjusted production for the year was 4,237,000 net tons, at a capability utilization rate of 74.0%. This is up 1.1% from the same period in 2024, when production stood at 4,189,000 net tons, and the utilization rate was 73.3%. This indicates a positive trend in the steel industry, with manufacturers maintaining a steady output through the early months of 2025.
