Raw steel production in US up 0.7 percent from previous week
According to the American Iron and Steel Institute (AISI), in the week ending September 19, 2015, US domestic raw steel production was 1,706,000 net tons while the capability utilization rate was 71.4 percent. Production was 1,878,000 net tons in the week ending September 19, 2014 while the capability utilization then was 78.1 percent. The current week production represents a 9.2 percent decrease from the same period in the previous year. Production for the week ending September 19, 2015 is up 0.7 percent from the previous week ending September 12, 2015 when production was 1,694,000 net tons and the rate of capability utilization was 70.9 percent.
Adjusted year-to-date production through September 19, 2015 was 64,357,000 net tons, at a capability utilization rate of 72.5 percent. That is down 8.0 percent from the 69,987,000 net tons during the same period last year, when the capability utilization rate was 78.0 percent.