American Iron & Steel Institute announced that in the week ending on 1 October 2022, US’s domestic raw steel production was 1.700 million net tons while the capability utilization rate was 77.1%. Production was 1.839 million net tons in the week ending 1 October 2021 while the capability utilization then was 83.3%. The current week production represents a 7.6% decrease from the same period in the previous year. Production for the week ending 1 October 2022 is up 1.0% from the previous week ending 24 September 2022 when production was 1.683 million net tons and the rate of capability utilization was 76.4%.Southern: 746 KNTGreat Lakes: 549 KNTMidwest: 196 KNTNorth East: 138 KNTWestern: 71 KNTAdjusted year-to-date production through 1 October 2022 was 66.118 million net tons, at a capability utilization rate of 79.6%. That is down 4.1% from the 71.047 million net tons during the same period last year, when the capability utilization rate was 81.0%
American Iron & Steel Institute announced that in the week ending on 1 October 2022, US’s domestic raw steel production was 1.700 million net tons while the capability utilization rate was 77.1%. Production was 1.839 million net tons in the week ending 1 October 2021 while the capability utilization then was 83.3%. The current week production represents a 7.6% decrease from the same period in the previous year. Production for the week ending 1 October 2022 is up 1.0% from the previous week ending 24 September 2022 when production was 1.683 million net tons and the rate of capability utilization was 76.4%.Southern: 746 KNTGreat Lakes: 549 KNTMidwest: 196 KNTNorth East: 138 KNTWestern: 71 KNTAdjusted year-to-date production through 1 October 2022 was 66.118 million net tons, at a capability utilization rate of 79.6%. That is down 4.1% from the 71.047 million net tons during the same period last year, when the capability utilization rate was 81.0%
