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In the week ending January 28, 2012, domestic raw steel production was 1,897,000 net tons while the capability utilization rate was 76.8 percent. Production was 1,790,000 tons in the week ending January 28, 2011, while the capability utilization then was 73.2 percent. The current week production represents a 6.0 percent increase from the same period in the previous year. Production for the week ending January 28, 2012 is down 0.7 percent from the previous week ending January 21, 2011 when production was 1,911,000 tons and the rate of capability utilization was 77.3 percent.
Adjusted year-to-date production through January 28, 2012 was 7,583,000 tons, at a capability utilization rate of 76.7 percent. That is a 5.9 percent increase from the 7,160,000 tons during the same period last year, when the capability utilization rate was 73.2 percent.
Broken down by districts, here's production for the week ending January 28, 2012 in thousands of net tons: North East: 249; Great Lakes: 646; Midwest: 250; Southern: 665 and Western: 87.
(The Raw Steel production tonnage provided in this report is estimated. The figures are compiled from weekly production tonnage provided from 50% 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 80% of U.S. production capacity.)
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