In the week ending on November 18, 2017,
domestic raw steel production was 1,745,000 net tons while the
capability utilization rate was 74.9 percent. Production was 1,591,000
net tons in the week ending November 18, 2016 while the capability
utilization then was 67.1 percent. The current week production
represents a 9.7 percent increase from the same period in the previous
year. Production for the week ending November 18, 2017 is up 0.3 percent
from the previous week ending November 11, 2017 when production was
1,739,000 net tons and the rate of capability utilization was
74.6 percent.
Adjusted year-to-date production through November 18, 2017 was
79,958,000 net tons, at a capability utilization rate of 74.6 percent.
That is up 4.2 percent from the 76,764,000 net tons during the same
period last year, when the capability utilization rate was 70.8 percent.
Broken down by districts, here's production for the week ending November
18, 2017 in thousands of net tons: North East: 219; Great Lakes: 603;
Midwest: 168; Southern: 687 and Western: 68 for a total of 1745.
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 Fourth Quarter 2017 is approximately 30.6
million tons compared to 30.7 million tons for the same period last year
and 30.6 million tons for the Third Quarter of 2017. |
|