In the week ending on November 12, 2022, US domestic raw steel production was 1,645,000 net tons while the capability utilization rate was 73.7 percent. Production was 1,828,000 net tons in the week ending November 12, 2021 while the capability utilization then was 82.8 percent. The current week production represents a 10.0 percent decrease from the same period in the previous year. Production for the week ending November 12, 2022 is up 0.3 percent from the previous week ending November 5, 2022 when production was 1,640,000 net tons and the rate of capability utilization was 73.5 percent.

 

Adjusted year-to-date production through November 12, 2022 was 77,992,000 net tons, at a capability utilization rate of 78.8 percent. That is down 4.9 percent from the 82,049,000 net tons during the same period last year, when the capability utilization rate was 81.3 percent.

 

Broken down by districts, here’s production for the week ending November 12, 2022 in thousands of net tons: North East: 143; Great Lakes: 536; Midwest: 187; Southern: 709 and Western: 70 for a total of 1645.AISI