According to AISI, in the week ending on January 29, 2022, US domestic raw steel production was 1,796,000 net tons while the capability utilization rate was 81.6 percent. Production was 1,736,000 net tons in the week ending January 29, 2021 while the capability utilization then was 76.6 percent. The current week production represents a 3.5 percent increase from the same period in the previous year. Production for the week ending January 29, 2022 is down 0.4 percent from the previous week ending January 22, 2022 when production was 1,803,000 net tons and the rate of capability utilization was 81.9 percent.

 

Adjusted year-to-date production through January 29, 2022 was 7,500,000 net tons, at a capability utilization rate of 82.2 percent. That is up 4.3 percent from the 7,192,000 net tons during the same period last year, when the capability utilization rate was 76.6 percent.

 

Broken down by districts, here’s production for the week ending January 29, 2022 in thousands of net tons: North East: 170; Great Lakes: 624; Midwest: 211; Southern: 716 and Western: 75 for a total of 1796.