According to the American Iron and Steel Institute, in the week ending on December 4, 2021, US domestic raw steel production was 1,807,000 net tons while the capability utilization rate was 81.9 percent.
Production for the week ending December 4, 2021 is down 1.6 percent from the previous week ending November 27, 2021 when production was 1,837,000 net tons and the rate of capability utilization was 83.2 percent.
Production was 1,616,000 net tons in the week ending December 4, 2020 while the capability utilization then was 73.1 percent. The current week production represents an 11.8 percent increase from the same period in the previous year.
Adjusted year-to-date production through December 4, 2021 was 88,081,000 net tons, at a capability utilization rate of 81.6 percent. That is up 19.6 percent from the 73,669,000 net tons during the same period last year, when the capability utilization rate was 67.8 percent.