In the week ending on December 9, 2017,
domestic raw steel production was 1,672,000 net tons while the capability
utilization rate was 71.7 percent. Production was 1,607,000 net tons in
the week ending December 9, 2016 while the capability utilization then was
67.8 percent. The current week production represents a 4.0 percent
increase from the same period in the previous year. Production for the
week ending December 9, 2017 is down 2.8 percent from the previous week
ending December 2, 2017 when production was 1,720,000 net tons and the
rate of capability utilization was 73.8 percent.
Adjusted
year-to-date production through December 9, 2017 was 85,053,000 net tons,
at a capability utilization rate of 74.5 percent. That is up 4.3 percent
from the 81,558,000 net tons during the same period last year, when the
capability utilization rate was 70.5 percent.
Broken
down by districts, here's production for the week ending December 9, 2017
in thousands of net tons: North East: 202; Great Lakes: 607; Midwest: 169;
Southern: 621 and Western: 73 for a total of 1672.
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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