American Iron & Steel Institute announced that in the week ending on 8 October 2022, US’s domestic raw steel production was 1.680 million net tons while the capability utilization rate was 75.3%. Production was 1.836 million net tons in the week ending 8 October 2021 while the capability utilization then was 83.2%. The current week production represents 8.5% decrease from the same period in the previous year. Production for the week ending 8 October 2022 is down 1.2% from the previous week ending 1 October 2022 when production was 1.700 million net tons and the rate of capability utilization was 77.1%Southern: 743 KNTGreat Lakes: 545 KNTMidwest: 185 KNTNorth East: 136 KNTWestern: 71 KNTAdjusted year-to-date production through 8 October 2022 was 69.707 million net tons, at a capability utilization rate of 79.4%. That is down 4.4% from the 72.883 million net tons during the same period last year, when the capability utilization rate was 81.2%
American Iron & Steel Institute announced that in the week ending on 8 October 2022, US’s domestic raw steel production was 1.680 million net tons while the capability utilization rate was 75.3%. Production was 1.836 million net tons in the week ending 8 October 2021 while the capability utilization then was 83.2%. The current week production represents 8.5% decrease from the same period in the previous year. Production for the week ending 8 October 2022 is down 1.2% from the previous week ending 1 October 2022 when production was 1.700 million net tons and the rate of capability utilization was 77.1%Southern: 743 KNTGreat Lakes: 545 KNTMidwest: 185 KNTNorth East: 136 KNTWestern: 71 KNTAdjusted year-to-date production through 8 October 2022 was 69.707 million net tons, at a capability utilization rate of 79.4%. That is down 4.4% from the 72.883 million net tons during the same period last year, when the capability utilization rate was 81.2%
