American Iron & Steel Institute reported that in week ending on March 4, 2023, US’s domestic raw steel production was 1.664M net ton while the capability utilization rate was 74.4%. Production was 1.729M net ton in the week ending March 4, 2022 while the capability utilization then was 79.6%. The current week production represents a 3.8% decrease from the same period in the previous year. Production for the week ending March 4, 2023 is down 0.6% from the previous week ending February 25, 2023 when production was 1.674M net ton and the rate of capability utilization was 74.9%.Southern: 717,000 net tonGreat Lakes: 533,000 net tonMidwest: 206,000 net tonNorth East: 143,000 net tonWestern: 65,000 net tonAdjusted year-to-date production through March 4, 2023 was 14.836M net ton, at a capability utilization rate of 73.7%. That is down 5.4% from the 15.683M net ton during the same period last year, when the capability utilization rate was 80.2%.Broken down by districts, here’s production for the week ending March 4, 2023 in thousands of net tons:
American Iron & Steel Institute reported that in week ending on March 4, 2023, US’s domestic raw steel production was 1.664M net ton while the capability utilization rate was 74.4%. Production was 1.729M net ton in the week ending March 4, 2022 while the capability utilization then was 79.6%. The current week production represents a 3.8% decrease from the same period in the previous year. Production for the week ending March 4, 2023 is down 0.6% from the previous week ending February 25, 2023 when production was 1.674M net ton and the rate of capability utilization was 74.9%.Southern: 717,000 net tonGreat Lakes: 533,000 net tonMidwest: 206,000 net tonNorth East: 143,000 net tonWestern: 65,000 net tonAdjusted year-to-date production through March 4, 2023 was 14.836M net ton, at a capability utilization rate of 73.7%. That is down 5.4% from the 15.683M net ton during the same period last year, when the capability utilization rate was 80.2%.Broken down by districts, here’s production for the week ending March 4, 2023 in thousands of net tons:
