US raw steel production up 0.2 percent week-on-week

Tuesday, 24 May 2022 11:10:29 (GMT+3)   |   Istanbul
       

According to the American Iron and Steel Institute (AISI), in the week ending on May 21, 2022, US domestic raw steel production was 1,789,000 net tons while the capability utilization rate was 82.0 percent.

Production for the week ending May 21, 2022 is up 0.2 percent from the previous week ending May 14, 2022 when production was 1,785,000 net tons and the rate of capability utilization was 81.8 percent.

Production was 1,834,000 net tons in the week ending May 21, 2021 while the capability utilization then was 81.0 percent. The current week production represents a 2.5 percent decrease from the same period in the previous year.

Adjusted year-to-date production through May 21, 2022 was 35,199,000 net tons, at a capability utilization rate of 80.3 percent. That is down 1.8 percent from the 35,843,000 net tons during the same period last year, when the capability utilization rate was 78.7 percent.


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