This Week's Raw Steel Production

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In the week ending August 20, 2016, domestic raw steel production was 1,655,000 net tons while the capability utilization rate was 70.8 percent. Production was 1,726,000 net tons in the week ending August 20, 2016 while the capability utilization then was 72.2 percent. The current week production represents a 4.1 percent decrease from the same period in the previous year. Production for the week ending August 20, 2016 is down 1.8 percent from the previous week ending August 13, 2016 when production was 1,685,000 net tons and the rate of capability utilization was 72.1 percent.

Adjusted year-to-date production through August 20, 2016 was 57,621,000 net tons, at a capability utilization rate of 72.5 percent. That is down 1.1 percent from the 58,253,000 net tons during the same period last year, when the capability utilization rate was 72.3 percent.

Broken down by districts, here's production for the week ending August 20, 2016 in thousands of net tons: North East: 205; Great Lakes: 651; Midwest: 161; Southern: 568 and Western: 70 for a total of 1655.

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 2016 is approximately 30.7 million tons versus 31.4 million tons for the same period last year and 30.4 million tons for the Second Quarter of 2016. 

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