American Iron & Steel Institute reported that in the week ending on 21 January 2023, US’s domestic raw steel production was 1.620 million net tons while the capability utilization rate was 72.5%. Production was 1.735 million net tons in the week ending 21 January 2022 while the capability utilization then was 79.8%. The current week production represents a 6.6% decrease from the same period in the previous year. Production for the week ending 21 January 2023 is up 1.1% from the previous week ending on 14 January 2023 when production was 1.602 million net tons and the rate of capability utilization was 71.7%Southern: 681,000 net tonGreat Lakes: 542,000 net tonMidwest: 202,000 net tonNorth East: 127,000 net tonWestern: 68,000 net tonAdjusted year-to-date production through 21 January 2023 was 4.817 million net tons, at a capability utilization rate of 71.8%. That is down 7.5% from the 5.206 million net tons during the same period last year, when the capability utilization rate was 79.8%.
American Iron & Steel Institute reported that in the week ending on 21 January 2023, US’s domestic raw steel production was 1.620 million net tons while the capability utilization rate was 72.5%. Production was 1.735 million net tons in the week ending 21 January 2022 while the capability utilization then was 79.8%. The current week production represents a 6.6% decrease from the same period in the previous year. Production for the week ending 21 January 2023 is up 1.1% from the previous week ending on 14 January 2023 when production was 1.602 million net tons and the rate of capability utilization was 71.7%Southern: 681,000 net tonGreat Lakes: 542,000 net tonMidwest: 202,000 net tonNorth East: 127,000 net tonWestern: 68,000 net tonAdjusted year-to-date production through 21 January 2023 was 4.817 million net tons, at a capability utilization rate of 71.8%. That is down 7.5% from the 5.206 million net tons during the same period last year, when the capability utilization rate was 79.8%.
