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. Production was 1,849,000 net tons in the week ending July 2, 2021 while the capability utilization then was 83.4 percent. The current week production represents a 4.4 percent decrease from the same period in the previous year. Production for the week ending July 2, 2022 is up 1.0 percent from the previous week ending June 25, 2022 when production was 1,750,000 net tons and the rate of capability utilization was 80.2 percent.
Adjusted year-to-date production through July 2, 2022 was 45,868,000 net tons, at a capability utilization rate of 80.5 percent. That is down 2.2 percent from the 46,900,000 net tons during the same period last year, when the capability utilization rate was 79.4 percent.
Broken down by districts, here’s production for the week ending July 2, 2022 in thousands of net tons: North East: 165; Great Lakes: 597; Midwest: 204; Southern: 737 and Western: 64 for a total of 1767.
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