AISI announced that in the week ending June 22, 2024, domestic raw steel production in the United States reached 1,710,000 net tons, with a capability utilization rate of 77.0%. This represents a slight decrease from the production of 1,738,000 net tons and a utilization rate of 77.3% recorded during the same week in 2023. Compared to the previous week ending June 15, 2024, which saw production at 1,704,000 net tons and a utilization rate of 76.7%, current production has increased by 0.4%.
Year-to-date production through June 22, 2024, totaled 42,204,000 net tons, with a capability utilization rate of 76.4%. This marks a 2.7% decrease from the 43,379,000 net tons produced during the same period in the previous year, when the utilization rate was 77.8%.
Breaking down the production by districts for the week ending June 22, 2024, reveals the following figures in thousands of metric tons: North East: 133 KT; Great Lakes: 568 KT; Midwest: 203KT, Southern: 744 KT; and Western: 62 KT, totaling 1,710,000 net tons.
