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    May 23, 2022

    Weekly Raw Steel Production Rises to Four-Month High

    Written by Brett Linton

    Domestic mill raw steel production increased again last week, with the utilization rate climbing to an 18-week high and production rising to a 16-week high. US output totaled 1,789,000 net tons in the week ending May 21, with a capacity utilization rate of 82.0%, according to the American Iron and Steel Institute (AISI).

    Production rose 0.2% week over week, but is down 2.5% compared to this time last year when production was 1,834,000 net tons. Mill capacity utilization last week rose 0.2 percentage points from the prior week, and is 1.0 percentage points above the same period one year ago when utilization was 81.0%.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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