According to the American Iron and Steel Institute (AISI), in the week ending on August 20, 2022, US domestic raw steel production was 1,756,000 net tons while the capability utilization rate was 79.7 percent.
Production for the week ending August 20, 2022 is up 0.8 percent from the previous week ending August 13, 2022 when production was 1,742,000 net tons and the rate of capability utilization was 79.0 percent.
Production was 1,872,000 net tons in the week ending August 20, 2021 while the capability utilization then was 84.8 percent. The current week production represents a 6.2 percent decrease from the same period in the previous year.
Adjusted year-to-date production through August 20, 2022 was 57,968,000 net tons, at a capability utilization rate of 80.1 percent. That is down 3.3 percent from the 59,960,000 net tons during the same period last year, when the capability utilization rate was 80.7 percent.