American Iron & Steel Institute announced that in the week ending on February 26, 2022, US’s domestic raw steel production was 1,755,000 net tons while the capability utilization rate was 79.7 percent. Production was 1,740,000 net tons in the week ending February 26, 2021 while the capability utilization then was 76.8 percent. The current week production represents a 0.9 percent increase from the same period in the previous year. Production for the week ending February 26, 2022 is down 0.5 percent from the previous week ending February 19, 2022 when production was 1,764,000 net tons and the rate of capability utilization was 80.1 percent.North East: 170 KNTGreat Lakes: 597 KNTMidwest: 186 KNTSouthern: 736 KNTWestern: 66 KNTTotal: 1755 KNTAdjusted year-to-date production through February 26, 2022 was 14,562,000 net tons, at a capability utilization rate of 81.2 percent. That is up 2.9 percent from the 14,152,000 net tons during the same period last year, when the capability utilization rate was 76.7 percent.
American Iron & Steel Institute announced that in the week ending on February 26, 2022, US’s domestic raw steel production was 1,755,000 net tons while the capability utilization rate was 79.7 percent. Production was 1,740,000 net tons in the week ending February 26, 2021 while the capability utilization then was 76.8 percent. The current week production represents a 0.9 percent increase from the same period in the previous year. Production for the week ending February 26, 2022 is down 0.5 percent from the previous week ending February 19, 2022 when production was 1,764,000 net tons and the rate of capability utilization was 80.1 percent.North East: 170 KNTGreat Lakes: 597 KNTMidwest: 186 KNTSouthern: 736 KNTWestern: 66 KNTTotal: 1755 KNTAdjusted year-to-date production through February 26, 2022 was 14,562,000 net tons, at a capability utilization rate of 81.2 percent. That is up 2.9 percent from the 14,152,000 net tons during the same period last year, when the capability utilization rate was 76.7 percent.