According to the American Iron and Steel Institute (AISI), in the week ending on December 10, 2022, US domestic raw steel production was 1,635,000 net tons while the capability utilization rate was 73.3 percent.
Production for the week ending December 10, 2022 is up 0.3 percent from the previous week ending December 3, 2022 when production was 1,630,000 net tons and the rate of capability utilization was 73.1 percent.
Production was 1,768,000 net tons in the week ending December 10, 2021 while the capability utilization then was 80.1 percent. The current week production represents a 7.5 percent decrease from the same period in the previous year.
Adjusted year-to-date production through December 10, 2022 was 84,364,000 net tons, at a capability utilization rate of 78.2 percent. That is down 5.5 percent from the 89,273,000 net tons during the same period last year, when the capability utilization rate was 81.2 percent.