American Iron & Steel Institute reported that in the week ending on 3 December 2022, US’s domestic raw steel production was 1.630 million net tons while the capability utilization rate was 73.1%. Production was 1.801 million net tons in the week ending 3 December 2021 while the capability utilization then was 81.6%. The current week production represents a 9.5% decrease from the same period in the previous year. Production for the week ending 3 December 2022 is up 0.3% from the previous week ending 26 November 2022 when production was 1.625 million net tons and the rate of capability utilization was 72.8%Southern: 684 KNTGreat Lakes: 541 KNTMidwest: 196 KNTNorth East: 139 KNTWestern: 70 KNTAdjusted year-to-date+ production through 3 December 2022 was 82.729 million net tons, at a capability utilization rate of 78.3%. That is down 5.5% from the 87.505 million net tons during the same period last year, when the capability utilization rate was 81.3%
American Iron & Steel Institute reported that in the week ending on 3 December 2022, US’s domestic raw steel production was 1.630 million net tons while the capability utilization rate was 73.1%. Production was 1.801 million net tons in the week ending 3 December 2021 while the capability utilization then was 81.6%. The current week production represents a 9.5% decrease from the same period in the previous year. Production for the week ending 3 December 2022 is up 0.3% from the previous week ending 26 November 2022 when production was 1.625 million net tons and the rate of capability utilization was 72.8%Southern: 684 KNTGreat Lakes: 541 KNTMidwest: 196 KNTNorth East: 139 KNTWestern: 70 KNTAdjusted year-to-date+ production through 3 December 2022 was 82.729 million net tons, at a capability utilization rate of 78.3%. That is down 5.5% from the 87.505 million net tons during the same period last year, when the capability utilization rate was 81.3%