According to a June 7 press release by the American Iron and Steel Institute, for the week ending June 5, 2010, US domestic raw steel production was 1,785,000 net tons while the capability utilization rate was 73.8 percent. Production was 1,095,000 tons in the week ending June 5, 2009, while the capability utilization then was 45.7 percent. The current week production represents a 63.1 percent year-on-year increase from the same period in the previous year. Production for the week ending June 5, 2010 is up 1.1 percent from the previous week ending May 29, 2010 when production was 1,766,000 tons and the rate of capability utilization was 73.0 percent.
Adjusted year-to-date production through June 5, 2010 was 37,748,000 tons, at a capability utilization rate of 70.0 percent. This reflects a 66.8 percent increase from the 22,641,000 tons during the same period last year, when the capability utilization rate was 43.2 percent.
Broken down by districts, the production for the week ending June 5, 2010 in thousands of net tons is as follows: Northeast Coast: 152; Pittsburgh/Youngstown: 120; Lake Erie: 48; Detroit: 134; Indiana/Chicago: 466; Midwest: 244; Southern: 540 and Western: 82.