According to the American Iron and Steel Institute (AISI), in the week ending on January 7, 2017, US domestic raw steel production was 1,684,000 net tons while the capability utilization rate was 71.0 percent.
Production was 1,607,000 net tons in the week ending January 7, 2016 while the capability utilization then was 68.7 percent. The current week production represents a 4.8 percent increase from the same period in the previous year.
Production for the week ending January 7, 2017 is up 5.8 percent from the previous week ending December 31, 2016 when production was 1,592,000 net tons and the rate of capability utilization was 67.1 percent.
Adjusted year-to-date production through January 7, 2017 was 1,684,000 net tons, at a capability utilization rate of 70.8 percent. That is up 4.8 percent from the 1,607,000 net tons during the same period last year, when the capability utilization rate was 68.7 percent.