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It attributed its optimism to growth-stabilizing policies and rising demand from fields like new energy vehicles and solar energy.

In the week ending on October 7, 2023, domestic raw steel production was 1,698,000 net tons while the capability utilization rate was 74.7 percent.

The American Iron and Steel Institute (AISI) reported that for the month of August 2023, U.S. steel mills shipped 7,663,767 net tons, unchanged from the 7,675,344 net tons shipped in August 2022.

A comparison of shipments year-to-date in 2023 to the first seven months of 2022 shows the following changes: hot rolled sheet, up 4 percent, cold rolled sheet, down 1 percent and corrosion resistant sheet, down 2 percent.

Finished Import Market Share Estimated at 21 Percent in August.

Finished Import Market Share YTD at 22%.

AISI: US Raw Steel Production in the week ending on August 26, 2023.

In June, the largest suppliers were Canada (628,000 NT, no change vs. May), Brazil (419,000 NT, up 75%)...