According to the American Iron and Steel Institute, in the week ending March 7, 2015, US domestic raw steel production was 1,645,000 net tons while the capability utilization rate was 69.6 percent. Production was 1,868,000 net tons in the week ending March 7, 2014 while the capability utilization then was 77.7 percent. The current week production represents a 11.9 percent decrease from the same period in the previous year. Production for the week ending March 7, 2015 is down 0.7 percent from the previous week ending February 28, 2015 when production was 1,657,000 net tons and the rate of capability utilization was 70.1 percent.
Adjusted year-to-date production through March 7, 2015 was 16,655,000 net tons, at a capability utilization rate of 74.7 percent. That is down 3.4 percent from the 17,243,000 net tons during the same period last year, when the capability utilization rate was 77.1 percent.