American Iron & Steel Institute announced that in week ending on 2 July 2022, domestic raw steel production was 1.767 million net tons while the capability utilization rate was 80.9%. Production was 1.849 million net tons in the week ending 2 July 2021 while the capability utilization then was 83.4%. The current week production represents a 4.4% decrease from the same period in the previous year. Production for the week ending 2 July 2022 is up 1.0% from the previous week ending 25 2022 when production was 1.750 million net tons and the rate of capability utilization was 80.2%.Southern: 737 KNTGreat Lakes: 597 KNTMidwest: 204 KNTNorth East: 165 KNTWestern: 64 KNTAdjusted year-to-date production through 2 July 2022 was 45.868 million net tons, at a capability utilization rate of 80.5%. That is down 2.2% from the 46.900 million net tons during the same period last year, when the capability utilization rate was 79.4%.
American Iron & Steel Institute announced that in week ending on 2 July 2022, domestic raw steel production was 1.767 million net tons while the capability utilization rate was 80.9%. Production was 1.849 million net tons in the week ending 2 July 2021 while the capability utilization then was 83.4%. The current week production represents a 4.4% decrease from the same period in the previous year. Production for the week ending 2 July 2022 is up 1.0% from the previous week ending 25 2022 when production was 1.750 million net tons and the rate of capability utilization was 80.2%.Southern: 737 KNTGreat Lakes: 597 KNTMidwest: 204 KNTNorth East: 165 KNTWestern: 64 KNTAdjusted year-to-date production through 2 July 2022 was 45.868 million net tons, at a capability utilization rate of 80.5%. That is down 2.2% from the 46.900 million net tons during the same period last year, when the capability utilization rate was 79.4%.