American Iron & Steel Institute announced that in the week ending on 6 August 2022, US’s raw steel production was 1.723 million net tons while the capability utilization rate was 78.2%. Production was 1.869 million net tons in the week ending 6 August 2021 while the capability utilization then was 84.7%. The current week production represents a 7.8%decrease from the same period in the previous year. Production for the week ending 6 August 2022 is down 0.2% from the previous week ending 30 July 2022 when production was 1.727 million net tons and the rate of capability utilization was 78.4%.Southern: 731 KNTGreat Lakes: 567 KNTMidwest: 197 KNTNorth East: 162 KNTWestern: 66 KNTAdjusted year-to-date production through 6 August 2022 was 54.470 million net tons, at a capability utilization rate of 80.1%. That is down 3.1% from the 56.216 million net tons during the same period last year, when the capability utilization rate was 80.2%.
American Iron & Steel Institute announced that in the week ending on 6 August 2022, US’s raw steel production was 1.723 million net tons while the capability utilization rate was 78.2%. Production was 1.869 million net tons in the week ending 6 August 2021 while the capability utilization then was 84.7%. The current week production represents a 7.8%decrease from the same period in the previous year. Production for the week ending 6 August 2022 is down 0.2% from the previous week ending 30 July 2022 when production was 1.727 million net tons and the rate of capability utilization was 78.4%.Southern: 731 KNTGreat Lakes: 567 KNTMidwest: 197 KNTNorth East: 162 KNTWestern: 66 KNTAdjusted year-to-date production through 6 August 2022 was 54.470 million net tons, at a capability utilization rate of 80.1%. That is down 3.1% from the 56.216 million net tons during the same period last year, when the capability utilization rate was 80.2%.