American Iron & Steel Institute announced that in the week ending on 29 October 2022, US’s domestic raw steel production was 1,663 million net tons while the capability utilization rate was 74.5%. Production was 1.836 million net tons in the week ending 29 October 2021 while the capability utilization then was 83.2%. The current week production represents a 9.4% decrease from the same period in the previous year. Production for the week ending 29 October 2022 is down 0.4% from the previous week ending 22 October 2022 when production was 1.669 million net tons and the rate of capability utilization was 74.8%Southern: 721Great Lakes: 556Midwest: 176North East: 144Western: 66 Adjusted year-to-date production through 29 October 2022 was 74.707 million net tons, at a capability utilization rate of 79.0%. That is down 4.7% from the 78.392 million net tons during the same period last year, when the capability utilization rate was 81.2%
American Iron & Steel Institute announced that in the week ending on 29 October 2022, US’s domestic raw steel production was 1,663 million net tons while the capability utilization rate was 74.5%. Production was 1.836 million net tons in the week ending 29 October 2021 while the capability utilization then was 83.2%. The current week production represents a 9.4% decrease from the same period in the previous year. Production for the week ending 29 October 2022 is down 0.4% from the previous week ending 22 October 2022 when production was 1.669 million net tons and the rate of capability utilization was 74.8%Southern: 721Great Lakes: 556Midwest: 176North East: 144Western: 66 Adjusted year-to-date production through 29 October 2022 was 74.707 million net tons, at a capability utilization rate of 79.0%. That is down 4.7% from the 78.392 million net tons during the same period last year, when the capability utilization rate was 81.2%
