The American Iron and Steel Institute reports that steel production is up 2.5% for the week ending August 22 over the previous week. 

Last week, domestic raw steel production was 1,412,000 net tons while the capability utilization rate was 63.0%. The same week in 2019 saw the production at 1,841,000 net tons and a capability utilization rate of 79.1%. While these numbers still lag behind those of the previous year, production is up from the 1,377,000 net tons produced in the week ending August 15 when the rate of capability utilization was 61.5% 

Year to date production stands at 50,245,000 net tons at a capability utilization rate of 65.8%, down 20.3% from the 63,076,000 net tons produced during the same period in 2019. 

Steelmakers in the Great Lakes region accounted for 482,000 net tons or 34.1% of the overall domestic production.