Major steel producers churned out a total of 20.79 million tonnes of crude steel in late July, the data showed.

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 158.1 million tonnes (Mt) in June 2022, a 5.9% decrease compared to June 2021.

China Crude steel output down 3.3% in June, 2022.

The American Iron and Steel Institute (AISI) reported that for the month of May 2022, U.S. steel mills shipped 7,910,730 net tons.

In the week ending on July 16, 2022, domestic raw steel production was 1,738,000 net tons while the capability utilization rate was 78.9 percent.

The figure represents a fall of 7.7 percent in volume but an increase of 21.8 percent in value year on year, according to the association's statistics.

In the week ending on July 2, 2022, domestic raw steel production was 1,767,000 net tons while the capability utilization rate was 80.9 percent.

American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,736,000 net tons (NT) of steel in May 2022.