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In the week ending October 25, 2014, domestic raw steel production was 1,835,000 net tons while the capability utilization rate was 76.3 percent. Production was 1,832,000 net tons in the week ending October 25, 2013, while the capability utilization then was 76.5 percent. The current week production represents a 0.2 percent increase from the same period in the previous year. Production for the week ending October 25, 2014 is up 0.7 percent from the previous week ending October 18, 2014 when production was 1,822,000 net tons and the rate of capability utilization was 75.7 percent.
Adjusted year-to-date production through October 25, 2014 was 78,898,000 net tons, at a capability utilization rate of 77.1 percent. That is up 0.5 percent from the 78,521,000 net tons during the same period last year, when the capability utilization rate was 77.0 percent.
Broken down by districts, here's production for the week ending October 25, 2014 in thousands of net tons: North East: 217; Great Lakes: 653; Midwest: 208; Southern: 670 and Western: 87 for a total of 1,835.
The Raw Steel production tonnage provided in this report is estimated. The figures are compiled from weekly production tonnage provided from 50 percent of the domestic producers combined with monthly production data for the remainder. Therefore, this report should be used primarily to assess production trends. The AISI production report “AIS 7,” published monthly and available by subscription, provides a more detailed summary of steel production based on data supplied by companies representing over three quarters of U.S. production capacity.
Note: Capability for the Fourth Quarter 2014 is approximately 31.6 million tons versus 31.5 million tons for the same period last year and 31.6 million tons for the Third Quarter of 2014.
10/19/2014 - New role will position the organization to take a lead role in steel sustainability in North America.
10/8/2014 - The American Iron and Steel Institute reported today that for the month of August 2014, U.S. steel mills shipped 8,480,954 net tons.