[Ferro-Alloys.com] In the week ending on August 10, 2019, US domestic raw steel production was 1,867,000 net tons while the capability utilization rate was 80.2 percent. Production was 1,861,000 net tons in the week ending August 10, 2018 while the capability utilization then was 79.4 percent. The current week production represents a 0.3 percent increase from the same period in the previous year. Production for the week ending August 10, 2019 is down 1.6 percent from the previous week ending August 3, 2019 when production was 1,897,000 net tons and the rate of capability utilization was 81.5 percent.
Adjusted year-to-date production through August 10, 2019 was 59,812,000 net tons, at a capability utilization rate of 81.0 percent. That is up 4.7 percent from the 57,140,000 net tons during the same period last year, when the capability utilization rate was 77.3 percent.
Broken down by districts, here's production for the week ending August 10, 2019 in thousands of net tons: North East: 202; Great Lakes: 694; Midwest: 198; Southern: 704 and Western: 69 for a total of 1867.
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 Third Quarter 2019 is approximately 30.6 million tons compared to 30.8 million tons for the same period last year and 30.3 million tons for the Second Quarter of 2019. (AISI)