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In the week ending on March 18, 2017, domestic raw steel production was 1,747,000 net tons while the capability utilization rate was 73.7 percent. Production was 1,685,000 net tons in the week ending March 18, 2016 while the capability utilization then was 72.1 percent. The current week production represents a 3.7 percent increase from the same period in the previous year. Production for the week ending March 18, 2017 is down 2.5 percent from the previous week ending March 11, 2017 when production was 1,791,000 net tons and the rate of capability utilization was 75.6 percent.
Adjusted year-to-date production through March 18, 2017 was 19,134,000 net tons, at a capability utilization rate of 73.4 percent. That is up 4.6 percent from the 18,287,000 net tons during the same period last year, when the capability utilization rate was 71.3 percent.
Broken down by districts, here's production for the week ending March 18, 2017 in thousands of net tons: North East: 216; Great Lakes: 675; Midwest: 166; Southern: 616 and Western: 74 for a total of 1747.
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 First Quarter 2017 is approximately 31.2 million tons compared to 30.4 million tons for the same period last year and 31.2 million tons for the Fourth Quarter of 2016.
3/24/2017 - Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 2,685,000 net tons (NT) of steel in February ...
3/9/2017 - Shipments Up 9.6 Percent from Same Month Last Year. Click to see the full numbers for steel mill shipments.