In
the week ending on November 11, 2017,
domestic raw steel production was 1,739,000 net tons while the capability
utilization rate was 74.6 percent. Production was 1,591,000 net tons
in the week ending November 11, 2016 while the capability utilization then
was 67.1 percent. The current week production represents a 9.3 percent
increase from the same period in the previous year. Production for the
week ending November 11, 2017 is up 1.4 percent from the
previous week ending November 4, 2017 when production was 1,715,000 net
tons and the rate of capability utilization was 73.6 percent.
Adjusted
year-to-date production through November 11, 2017 was 78,213,000 net
tons, at a capability utilization rate of 74.6 percent. That is up 4.0 percent
from the 75,174,000 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 11, 2017
in thousands of net tons: North East: 198; Great Lakes: 627; Midwest: 164;
Southern: 686 and Western: 64 for a total of 1739.
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.
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(To contact the reporter on this story: tina.tong@steelhome.cn or 86-21-50585733) |