In the week ending on May 7, 2022, domestic raw steel production was 1,777,000 net tons while the capability utilization rate was 81.4 percent. Production was 1,834,000 net tons in the week ending May 7, 2021 while the capability utilization then was 81.0 percent. The current week production represents a 3.1 percent decrease from the same period in the previous year. Production for the week ending May 7, 2022 is up 0.1 percent from the previous week ending April 30, 2022 when production was 1,775,000 net tons and the rate of capability utilization was 81.3 percent.
Adjusted year-to-date production through May 7, 2022 was 31,625,000 net tons, at a capability utilization rate of 80.1 percent. That is down 1.7 percent from the 32,174,000 net tons during the same period last year, when the capability utilization rate was 78.7 percent.
Broken down by districts, here’s production for the week ending May 7, 2022 in thousands of net tons: North East: 176; Great Lakes: 566; Midwest: 195; Southern: 772 and Western: 68 for a total of 1777. (AISI)
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