American Iron & Steel Institute announced that in the week ending on 5 November 2022, US domestic raw steel production was 1.640 million net tons while the capability utilization rate was 73.5%. Production was 1.828 million net tons in the week ending 5 November 2021 while the capability utilization then was 82.8%. The current week production represents a 10.3% decrease from the same period in the previous year. Production for the week ending 5 November 2022 is down 1.4% from the previous week ending 29 October 2022 when production was 1.663 million net tons and the rate of capability utilization was 74.5%.Southern: 716 KNTGreat Lakes: 529 KNTMidwest: 182 KNTNorth East: 145 KNTWestern: 68 KNT Adjusted year-to-date production through 5 November 2022 was 76.347 million net tons, at a capability utilization rate of 78.9%. That is down 4.8% from the 80.220 million net tons during the same period last year, when the capability utilization rate was 81.2% Broken down by districts, here’s production for the week ending November 5, 2022 in thousands of net tons:
American Iron & Steel Institute announced that in the week ending on 5 November 2022, US domestic raw steel production was 1.640 million net tons while the capability utilization rate was 73.5%. Production was 1.828 million net tons in the week ending 5 November 2021 while the capability utilization then was 82.8%. The current week production represents a 10.3% decrease from the same period in the previous year. Production for the week ending 5 November 2022 is down 1.4% from the previous week ending 29 October 2022 when production was 1.663 million net tons and the rate of capability utilization was 74.5%.Southern: 716 KNTGreat Lakes: 529 KNTMidwest: 182 KNTNorth East: 145 KNTWestern: 68 KNT Adjusted year-to-date production through 5 November 2022 was 76.347 million net tons, at a capability utilization rate of 78.9%. That is down 4.8% from the 80.220 million net tons during the same period last year, when the capability utilization rate was 81.2% Broken down by districts, here’s production for the week ending November 5, 2022 in thousands of net tons:
