American Iron & Steel Institute reported that in the week ending on January 29, 2022, US’s domestic raw steel production was 1,796,000 net tons while the capability utilization rate was 81.6%. Production was 1,736,000 net tons in the week ending January 29, 2021 while the capability utilization then was 76.6%. The current week production represents a 3.5% increase from the same period in the previous year. Production for the week ending January 29, 2022 is down 0.4% from the previous week ending January 22, 2022 when production was 1,803,000 net tons and the rate of capability utilization was 81.9%.In thousands of net tonsNorth East: 170Great Lakes: 624Midwest: 211Southern: 716Western: 75Total: 1796Adjusted year-to-date production through January 29, 2022 was 7,500,000 net tons, at a capability utilization rate of 82.2%. That is up 4.3% from the 7,192,000 net tons during the same period last year, when the capability utilization rate was 76.6%.
American Iron & Steel Institute reported that in the week ending on January 29, 2022, US’s domestic raw steel production was 1,796,000 net tons while the capability utilization rate was 81.6%. Production was 1,736,000 net tons in the week ending January 29, 2021 while the capability utilization then was 76.6%. The current week production represents a 3.5% increase from the same period in the previous year. Production for the week ending January 29, 2022 is down 0.4% from the previous week ending January 22, 2022 when production was 1,803,000 net tons and the rate of capability utilization was 81.9%.In thousands of net tonsNorth East: 170Great Lakes: 624Midwest: 211Southern: 716Western: 75Total: 1796Adjusted year-to-date production through January 29, 2022 was 7,500,000 net tons, at a capability utilization rate of 82.2%. That is up 4.3% from the 7,192,000 net tons during the same period last year, when the capability utilization rate was 76.6%.
