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In the week ending October 3, 2015, domestic raw steel production was 1,727,000 net tons while the capability utilization rate was 72.2 percent. Production was 1,862,000 net tons in the week ending October 3, 2014 while the capability utilization then was 77.4 percent. The current week production represents a 7.3 percent decrease from the same period in the previous year. Production for the week ending October 3, 2015 is down 0.5 percent from the previous week ending September 26, 2015 when production was 1,735,000 net tons and the rate of capability utilization was 72.6 percent.
Adjusted year-to-date production through October 3, 2015 was 67,819,000 net tons, at a capability utilization rate of 72.5 percent. That is down 8.0 percent from the 73,727,000 net tons during the same period last year, when the capability utilization rate was 78.0 percent.
Broken down by districts, here's production for the week ending October 3, 2015 in thousands of net tons: North East: 195; Great Lakes: 659; Midwest: 221; Southern: 563 and Western: 89 for a total of 1727.
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 Second Quarter 2015 is approximately 30.7 million tons versus 31.3 million tons for the same period last year and 30.4 million tons for the First Quarter of 2015. +Includes revised data
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