American Iron & Steel Institute reported that in the week ending on 19 February 2022, US’s domestic raw steel production was 1,764,000 net tons while the capability utilization rate was 80.1%. Production was 1,740,000 net tons in the week ending 19 February 2021 while the capability utilization then was 76.8 percent. The current week production represents a 1.4% increase from the same period in the previous year. Production for the week ending 19 February 2022 is up 0.3% from the previous week ending 12 February 2022 when production was 1,758,000 net tons and the rate of capability utilization was 79.8%.Southern: 729KNTGreat Lakes: 601KNTMidwest: 192KNTNorth East: 171KNTWestern: 71KNTTotal: 1764KNT(KNT – In ‘000 net tons)Adjusted year-to-date production through 19 February 2022 was 12,807,000 net tons, at a capability utilization rate of 81.4%. That is up 3.2% from the 12,412,000 net tons during the same period last year, when the capability utilization rate was 76.7%.
American Iron & Steel Institute reported that in the week ending on 19 February 2022, US’s domestic raw steel production was 1,764,000 net tons while the capability utilization rate was 80.1%. Production was 1,740,000 net tons in the week ending 19 February 2021 while the capability utilization then was 76.8 percent. The current week production represents a 1.4% increase from the same period in the previous year. Production for the week ending 19 February 2022 is up 0.3% from the previous week ending 12 February 2022 when production was 1,758,000 net tons and the rate of capability utilization was 79.8%.Southern: 729KNTGreat Lakes: 601KNTMidwest: 192KNTNorth East: 171KNTWestern: 71KNTTotal: 1764KNT(KNT – In ‘000 net tons)Adjusted year-to-date production through 19 February 2022 was 12,807,000 net tons, at a capability utilization rate of 81.4%. That is up 3.2% from the 12,412,000 net tons during the same period last year, when the capability utilization rate was 76.7%.
