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In the week ending on July 31, 2021, US domestic raw steel production was 1,876,000 net tons while the capability utilization rate was 85.0 percent. Production was 1,350,000 net tons in the week ending July 31, 2020 while the capability utilization then was 60.3 percent. The current week production represents a 39.0 percent increase from the same period in the previous year. Production for the week ending July 31, 2021 is up 0.4 percent from the previous week ending July 24, 2021 when production was 1,868,000 net tons and the rate of capability utilization was 84.6 percent.

 

Adjusted year-to-date production through July 31, 2021 was 54,555,000 net tons, at a capability utilization rate of 80.0 percent. That is up 19.1 percent from the 45,814,000 net tons during the same period last year, when the capability utilization rate was 66.7 percent.

 

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. Capability for the third quarter 2021 is approximately 29.0 million tons.