American Iron & Steel Institute reported that in the week ending on 1 January 2022, US’s domestic raw steel production was 1,785,000 net tons while the capability utilization rate was 80.9%. Production was 1,630,000 net tons in the week ending January 1, 2021 while the capability utilization then was 73.4 %. The current week production represents a 9.5 percent increase from the same period in the previous year. Production for the week ending January 1, 2022 is down 0.9% from the previous week ending December 25, 2021 when production was 1,802,000 net tons and the rate of capability utilization was 81.6%.Broken down by districts, here’s production for the week ending 1 January, 2022 in thousands of net tonsNorth East: 183Great Lakes: 629Midwest: 197Southern: 707Western: 69Total: 1785Adjusted year-to-date production through January 1, 2022 was 1,785,000 net tons, at a capability utilization rate of 80.9%. That is up 9.5% from the 1,630,000 net tons during the same period last year, when the capability utilization rate was 73.4%.
American Iron & Steel Institute reported that in the week ending on 1 January 2022, US’s domestic raw steel production was 1,785,000 net tons while the capability utilization rate was 80.9%. Production was 1,630,000 net tons in the week ending January 1, 2021 while the capability utilization then was 73.4 %. The current week production represents a 9.5 percent increase from the same period in the previous year. Production for the week ending January 1, 2022 is down 0.9% from the previous week ending December 25, 2021 when production was 1,802,000 net tons and the rate of capability utilization was 81.6%.Broken down by districts, here’s production for the week ending 1 January, 2022 in thousands of net tonsNorth East: 183Great Lakes: 629Midwest: 197Southern: 707Western: 69Total: 1785Adjusted year-to-date production through January 1, 2022 was 1,785,000 net tons, at a capability utilization rate of 80.9%. That is up 9.5% from the 1,630,000 net tons during the same period last year, when the capability utilization rate was 73.4%.
