Sign up for Raw Steel Update newsletter.
In the week ending March 8, 2014, domestic raw steel production was 1,840,000 net tons while the capability utilization rate was 76.5 percent. Production was 1,827,000 net tons in the week ending March 8, 2013, while the capability utilization then was 76.2 percent. The current week production represents a 0.7 percent increase from the same period in the previous year. Production for the week ending March 8, 2014 is down 1.1 percent from the previous week ending March 1, 2014 when production was 1,861,000 net tons and the rate of capability utilization was 77.4 percent.
Adjusted year-to-date production through March 8, 2014 was 17,551,000 net tons, at a capability utilization rate of 76.5 percent. That is a 0.8 percent decrease from the 17,699,000 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 March 8, 2014 in thousands of net tons: North East: 222; Great Lakes: 661; Midwest: 241; Southern: 631 and Western: 85, for a total of 1,840.
Note: Capability for the Third Quarter 2013 is approximately 31.5 million tons versus 32.7 million tons for the same period last year and 31.1 million tons for the Second Quarter of 2013. Production capability for 2013 reflects the closure of several steelmaking facilities in 2012, new facilities coming on-line and improvements made to existing facilities to increase their capability. When comparing capability utilization rates between 2013 and 2012, the user of this data should take into account the change to capability for 2013 in analyzing the data.
2/11/2014 - WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) reported today that for the month of December 2013, U.S. steel mills shipped 7,632,629 net tons, a 0.4 percent ...
2/7/2014 - Washington D.C. - Congressmen Tom Reed (R-NY) and Tim Ryan (D-OH), co-chairs of the House Manufacturing Caucus, participated in a round table discussion with the American Iron ...