The week ending on June 17, 2023, domestic raw steel production was 1.743 million net tons while the capability utilization rate was 77.5%. Production was 1.738 million net tons in the week ending June 17, 2022 while the capability utilization then was 79.6%. The current week production represents a 0.3% increase from the same period in the previous year. Production for the week ending June 17, 2023 is up 0.2% from the previous week ending June 10, 2023 when production was 1.739 million net tons and the rate of capability utilization was 77.3%.
Adjusted year-to-date production through June 17, 2023 was 40.728 million net tons, at a capability utilization rate of 75.7%. That is down 3.0% from the 42.006 million net tons during the same period last year, when the capability utilization rate was 80.3%.
Broken down by districts, here’s production for the week ending June 17, 2023 in thousands of net tons: North East: 142; Great Lakes: 564; Midwest: 214; Southern: 760 and Western: 63 for a total of 1743.
The raw steel production tonnage provided in this report is estimated. The figures are compiled from weekly production tonnage provided by approximately 50% of the domestic production capacity combined with the most recent monthly production data for the remainder. Therefore, this report should be used primarily to assess production trends. The AISI production report “AIS 7,” published monthly and available by subscription from the AISI, provides a more detailed summary of steel production based on data supplied by companies representing 75% of U.S. production capacity.