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Weekly Raw Steel Production - August 29, 2015
In the week ending August 29, 2015, domestic raw steel production was 1,703,000 net tons while the capability utilization rate was 71.2 percent. Production was 1,930,000 net tons in the week ending August 29, 2014 while the capability utilization then was 80.2 percent. The current week production represents a 11.8 percent decrease from the same period in the previous year. Production for the week ending August 29, 2015 is down 2.2 percent from the previous week ending August 22, 2015 when production was 1,742000 net tons and the rate of capability utilization was 72.9 percent.
Adjusted year-to-date production through August 29, 2015 was 59,216,000 net tons, at a capability utilization rate of 72.6 percent. That is down 8.0 percent from the 64,338,000 net tons during the same period last year, when the capability utilization rate was 78.0 percent.
Broken down by districts, here's production for the week ending August 29, 2015 in thousands of net tons: North East: 193; Great Lakes: 643; Midwest: 209; Southern: 570 and Western: 88 for a total of 1703.
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
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