This Week's Raw Steel Production

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In the week ending on August 12, 2017, domestic raw steel production was 1,780,000 net tons while the capability utilization rate was 76.4 percent. Production was 1,655,000 net tons in the week ending August 12, 2016 while the capability utilization then was 70.8 percent. The current week production represents a 7.6 percent increase from the same period in the previous year. Production for the week ending August 12, 2017 is up 1.0 percent from the previous week ending August 5, 2017 when production was 1,762,000 net tons and the rate of capability utilization was 75.6 percent.

Adjusted year-to-date production through August 12, 2017 was 55,650,000 net tons, at a capability utilization rate of 74.6 percent. That is up 2.9 percent from the 54,106,000 net tons during the same period last year, when the capability utilization rate was 72.2 percent.

Broken down by districts, here's production for the week ending August 12, 2017 in thousands of net tons: North East: 211; Great Lakes: 678; Midwest: 166; Southern: 650 and Western: 75 for a total of 1780.

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 75% of U.S. production capacity.  

Note: Capability for the Third Quarter 2017 is approximately 30.6 million tons compared to 30.7 million tons for the same period last year and 30.3 million tons for the Second Quarter of 2017.  

 

 

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