US Steel Production Capacity Utilization Climbs Further in Week 22
American Iron & Steel Institute announced that in the week ending on June 5, 2021, US’s domestic raw steel production was 1,840,000 net tons while the capability utilization rate was 82.3%. Production was 1,258,000 net tons in the week ending June 5, 2020 while the capability utilization then was 56.2%. The current week production represents a 46.3% increase from the same period in the previous year. Production for the week ending June 5, 2021 is up 0.2% from the previous week ending May 29, 2021 when production was 1,836,000 net tons and the rate of capability utilization was 81.5%. Adjusted year-to-date production through June 5, 2021 was 39,546,000 net tons, at a capability utilization rate of 78.3%. That is up 12.1% from the 35,292,000 net tons during the same period last year, when the capability utilization rate was 69.5%.
Broken down by districts, here’s production for the week ending June 5, 2021 in thousands of net tons: North East: 139; Great Lakes: 646; Midwest: 193; Southern: 787 and Western: 75 for a total of 1840.https://www.ski-gmbh.com/files/Bilder/Ref-Bilder/Ref-hochofen.jpg