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In the week ending on October 23, 2021, domestic raw steel production was 1,870,000 net tons while the capability utilization rate was 84.7 percent. Production was 1,549,000 net tons in the week ending October 23, 2020 while the capability utilization then was 70.1 percent. The current week production represents a 20.7 percent increase from the same period in the previous year. Production for the week ending October 23, 2021 is down 0.6 percent from the previous week ending October 16, 2021 when production was 1,882,000 net tons and the rate of capability utilization was 85.3 percent.

 

Adjusted year-to-date production through October 23, 2021 was 77,019,000 net tons, at a capability utilization rate of 81.3 percent. That is up 20.3 percent from the 64,029,000 net tons during the same period last year, when the capability utilization rate was 67.1 percent.

 

Broken down by districts, here’s production for the week ending October 23, 2021 in thousands of net tons: North East: 176; Great Lakes: 635; Midwest: 201; Southern: 782 and Western: 76 for a total of 1870.

 

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.