On Tuesday, July 6, the American Iron and Steel Institute (AISI) reported that for the week ending June 26, 2010, domestic raw steel production was 1,752,000 net tons while the capability utilization rate was 72.4 percent. This indicates a 37 percent year-on-year increase from the same period in 2009.
Production for the week ending July 3, 2010 declined 0.7 percent from levels reported one week ago, when production was 1,763,000 tons and the rate of capability utilization was 72.9 percent.
Adjusted year-to-date production through July 3, 2010 was 44,874,000 tons, at a capability utilization rate of 70.6 percent. That is a 64.5 percent increase from the 27,288,000 tons during the same period last year, when the capability utilization rate was 44.6 percent.
Broken down by districts, the production for the week ending July 3, 2010 in thousands of net tons is as follows: Northeast Coast: 111; Pittsburgh/Youngstown: 122; Lake Erie: 43; Detroit: 127; Indiana/Chicago: 441; Midwest: 241; Southern: 586 and Western: 81