American Iron & Steel Institute reported that in the week ending on 4 February 2023, US’s domestic raw steel production was 1.656 million net tons while the capability utilization rate was 74.1%. Production was 1.747 million net tons in the week ending 4 February 2022 while the capability utilization then was 80.4%. The current week production represents a 5.2% decrease from the same period in the previous year. Production for the week ending 4 February 2023 is up 1.3% from the previous week ending 28 January 2023 when production was 1.635 million net tons and the rate of capability utilization was 73.1%.Southern: 705,000 net tonsGreat Lakes: 528,000 net tonsMidwest: 207,000 net tonsNorth East: 152,000 net tonsWestern: 64,000 net tonsAdjusted year-to-date production through 4 February 2023 was 8.108 million net tons, at a capability utilization rate of 72.5%. That is down 6.7% from the 8.688 million net tons during the same period last year, when the capability utilization rate was 79.9%
American Iron & Steel Institute reported that in the week ending on 4 February 2023, US’s domestic raw steel production was 1.656 million net tons while the capability utilization rate was 74.1%. Production was 1.747 million net tons in the week ending 4 February 2022 while the capability utilization then was 80.4%. The current week production represents a 5.2% decrease from the same period in the previous year. Production for the week ending 4 February 2023 is up 1.3% from the previous week ending 28 January 2023 when production was 1.635 million net tons and the rate of capability utilization was 73.1%.Southern: 705,000 net tonsGreat Lakes: 528,000 net tonsMidwest: 207,000 net tonsNorth East: 152,000 net tonsWestern: 64,000 net tonsAdjusted year-to-date production through 4 February 2023 was 8.108 million net tons, at a capability utilization rate of 72.5%. That is down 6.7% from the 8.688 million net tons during the same period last year, when the capability utilization rate was 79.9%
