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In the week ending February 6, 2016, domestic raw steel production was 1,685,000 net tons while the capability utilization rate was 71.9 percent. Production was 1,705,000 net tons in the week ending February 6, 2015 while the capability utilization then was 72.4 percent. The current week production represents a 1.2 percent decrease from the same period in the previous year. Production for the week ending February 6, 2016 is up 1.7 percent from the previous week ending January 30, 2016 when production was 1,657,000 net tons and the rate of capability utilization was 70.7 percent.
Adjusted year-to-date production through February 6, 2016 was 9,698,000 net tons, at a capability utilization rate of 68.0 percent. That is down 9.6 percent from the 10,730,000 net tons during the same period last year, when the capability utilization rate was 74.4 percent.
Broken down by districts, here's production for the week ending February 6, 2016 in thousands of net tons: North East: 203; Great Lakes: 629; Midwest: 185; Southern: 587 and Western: 81 for a total of 1685.
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
2/9/2016 - Down 17.8 Percent from Prior Year
2/3/2016 - Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported today that steel import ...