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In the week ending on January 7, 2017, domestic raw steel production was 1,684,000 net tons while the capability utilization rate was 71.0 percent. Production was 1,607,000 net tons in the week ending January 7, 2016 while the capability utilization then was 68.7 percent. The current week production represents a 4.8 percent increase from the same period in the previous year. Production for the week ending January 7, 2017 is up 5.8 percent from the previous week ending December 31, 2016 when production was 1,592,000 net tons and the rate of capability utilization was 67.1 percent.
Adjusted year-to-date production through January 7, 2017 was 1,684 net tons, at a capability utilization rate of 70.8 percent. That is up 4.8 percent from the 1,607 net tons during the same period last year, when the capability utilization rate was 68.7 percent.
Broken down by districts, here's production for the week ending January 7, 2017 in thousands of net tons: North East: 214; Great Lakes: 662; Midwest: 164; Southern: 578 and Western: 66 for a total of 1684.
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 Fourth Quarter 2016 is approximately 31.2 million tons compared to 31.4 million tons for the same period last year and 30.7 million tons for the Third Quarter of 2016.
1/10/2017 - Shipments Up 4.1 Percent from Same Month Last Year. Click to see the full numbers for steel mill shipments.
1/4/2017 - 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 ...