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Week's Raw Steel Production
In the week ending October 11, 2008, domestic
raw steel production was 1,869,000 net tons while the capability
utilization rate was 78.3 percent. Production was 2,112,000
tons in the week ending October 11, 2007, while the capability
utilization then was 88.5 percent. The current week production
represents an 11.5 percent decrease from the same period
in the previous year. Production for the week ending October 11,
2008 is down 3.8 percent from the previous week
ending October 4, 2008 when production was 1,942,000 tons and the
rate of capability utilization was 81.4 percent.
Adjusted year-to-date production through October 11,
2008 was 85,417,000 tons, at a capability utilization rate
of 87.9 percent. That is a 1.6 percent increase from
the 84,124,000 tons during the same period last year, when the
capability utilization rate was 86.4 percent.
Broken down by districts, here's production for the week
ending October 11, 2008 in thousands of net tons: Northeast Coast:
154; Pittsburgh/Youngstown: 172; Lake Erie: 96; Detroit: 75;
Indiana/Chicago: 472; Midwest: 241; Southern: 579 and Western:
80.
(Estimate based on reports from companies
representing about 75% of the Industry's Raw Steel Capability + includes
revisions for previous months)
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