Weekly Raw Steel Production - December 28, 2019
In the week ending on December 28, 2019, domestic raw steel production was 1,876,000 net tons while the capability utilization rate was 81.1 percent. Production was 1,861,000 net tons in the week ending December 28, 2018 while the capability utilization then was 79.4 percent. The current week production represents a 0.8 percent increase from the same period in the previous year. Production for the week ending December 28, 2019 is up 0.5 percent from the previous week ending December 21, 2019 when production was 1,866,000 net tons and the rate of capability utilization was 80.7 percent.
Adjusted year-to-date production through December 28, 2019 was 96,326,000 net tons, at a capability utilization rate of 80.2 percent. That is up 1.8 percent from the 94,638,000 net tons during the same period last year, when the capability utilization rate was 78.2 percent.
Broken down by districts, here's production for the week ending December 28, 2019 in thousands of net tons: North East: 223; Great Lakes: 704; Midwest: 197; Southern: 664 and Western: 88 for a total of 1876.
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 2019 is approximately 30.4 million tons compared to 30.8 million tons for the same period last year and 30.6 million tons for the Third Quarter of 2019.