The American Iron and Steel Institute (AISI) reported that for the week ending June 4, 2022, domestic raw steel production in the United States reached 1,781,000 net tons, with a capability utilization rate of 81.6%. This represents a 0.9% decrease from the previous week's production of 1,798,000 net tons, which had a capability utilization rate of 82.4%.
When compared to the same week in the prior year, which saw production of 1,840,000 net tons and a capability utilization rate of 82.1%, the current figures indicate a 3.2% year-over-year decline.
Year-to-date production through June 4, 2022, totaled 38,874,000 net tons, with a capability utilization rate of 80.6%. This is a 1.6% decrease from the 39,517,000 net tons produced during the same period last year, which had a capability utilization rate of 78.8%.
Breaking down production by districts for the week ending June 4, 2022 (in thousands of net tons):
- North East: 170
- Great Lakes: 577
- Midwest: 207
- Southern: 758
- Western: 69
These figures highlight a modest week-over-week decline in U.S. raw steel production, reflecting adjustments in the industry to current market conditions.
