This Week's Raw Steel Production
In the week ending on September 12, 2020, domestic raw steel production was 1,459,000 net tons while the capability utilization rate was 65.1 percent. Production was 1,801,000 net tons in the week ending September 12, 2019 while the capability utilization then was 77.4 percent. The current week production represents a 19 percent decrease from the same period in the previous year. Production for the week ending September 12, 2020 is up 2.2 percent from the previous week ending September 5, 2020 when production was 1,428,000 net tons and the rate of capability utilization was 63.7 percent.
Adjusted year-to-date production through September 12, 2020 was 54,728,000 net tons, at a capability utilization rate of 65.9 percent. That is down 20.1 percent from the 68,531,000 net tons during the same period last year, when the capability utilization rate was 80.3 percent.
Broken down by districts, here's production for the week ending September 12, 2020 in thousands of net tons: North East: 122; Great Lakes: 530; Midwest: 172; Southern: 565 and Western: 70 for a total of 1459.
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 Second Quarter 2020 is approximately 29.4 million tons compared to 30.3 million tons for the same period last year and 30.6 million tons for the First Quarter of 2020. +Year-to-date adjusted for consistency with monthly plan.