[Ferro-Alloys.com]

 

In the week ending on December 17, 2022, domestic raw steel production was 1,627,000 net tons while the capability utilization rate was 72.9 percent. Production was 1,768,000 net tons in the week ending December 17, 2021 while the capability utilization then was 80.1 percent. The current week production represents a 8.0 percent decrease from the same period in the previous year. Production for the week ending December 17, 2022 is down 0.5 percent from the previous week ending December 10, 2022 when production was 1,635,000 net tons and the rate of capability utilization was 73.3 percent.

 

Adjusted year-to-date production through December 17, 2022 was 85,991,000 net tons, at a capability utilization rate of 78.1 percent. That is down 5.5 percent from the 91,041,000 net tons during the same period last year, when the capability utilization rate was  81.2 percent.

 

Broken down by districts, here’s production for the week ending December 17, 2022 in thousands of net tons: North East: 121; Great Lakes: 559; Midwest: 200; Southern: 674 and Western: 73 for a total of 1627. (AISI)