American Iron & Steel Institute reported that in the week ending on 7 January 2023, US domestic raw steel production was 1.595 million net tons while the capability utilization rate was 71.3%. Production was 1.735 million net tons in the week ending 7 January 2022 while the capability utilization then was 79.8%. Last week’s production represents 8.1% decrease from the same period in the previous year. Production for the week ending 7 January 2023 is down 0.4% from the previous week ending 31 December 2022 when production was 1.602 million net tons and the rate of capability utilization was 71.8% Week 01 Crude Steel ProductionSouthern: 654,000 net tonsGreat Lakes: 541,000 net tonsMidwest: 200,000 net tonsNorth East: 128,000 net tonsWestern: 72,000 net tons
American Iron & Steel Institute reported that in the week ending on 7 January 2023, US domestic raw steel production was 1.595 million net tons while the capability utilization rate was 71.3%. Production was 1.735 million net tons in the week ending 7 January 2022 while the capability utilization then was 79.8%. Last week’s production represents 8.1% decrease from the same period in the previous year. Production for the week ending 7 January 2023 is down 0.4% from the previous week ending 31 December 2022 when production was 1.602 million net tons and the rate of capability utilization was 71.8% Week 01 Crude Steel ProductionSouthern: 654,000 net tonsGreat Lakes: 541,000 net tonsMidwest: 200,000 net tonsNorth East: 128,000 net tonsWestern: 72,000 net tons
