According to the American Iron and Steel Institute (AISI), in the week ending on January 28, 2017, US domestic raw steel production was 1,736,000 net tons while the capability utilization rate was 73.3 percent.
Production was 1,607,000 net tons in the week ending January 28, 2016 while the capability utilization then was 68.7 percent. The current week production represents an 8.0 percent increase from the same period in the previous year.
Production for the week ending January 28, 2017 is up 1.9 percent from the previous week ending January 21, 2017 when production was 1,703,000 net tons and the rate of capability utilization was 71.8 percent.
Adjusted year-to-date production through January 28, 2017 was 6,839,000 net tons, at a capability utilization rate of 72.1 percent. That is up 6.4 percent from the 6,428,000 net tons during the same period last year, when the capability utilization rate was 68.7 percent.