According to the American Iron and Steel Institute, (AISI), for the week ending December 26, 2020, US domestic raw steel production was 1,600,000 net tons while the capability utilization rate was 72.3 percent. Production was 1,815,000 net tons in the week ending December 26, 2019 while the capability utilization then was 78.5 percent.
The current week production represents a 11.8 percent decrease from the same period in the previous year. Production for the week ending December 26, 2020 is down 1.2 percent from the previous week ending December 19, 2020 when production was 1,619,000 net tons and the rate of capability utilization was 73.2 percent.
Adjusted year-to-date production through December 26, 2020 was 78,739,000 net tons, at a capability utilization rate of 67.7 percent. That is down 17.7 percent from the 95,709,000 net tons during the same period last year, when the capability utilization rate was 79.8 percent.
Broken down by districts, the production for the week ending December 26, 2020 in thousands of net tons is as follows: North East: 138; Great Lakes: 576; Midwest: 170; Southern: 646 and Western: 70 for a total of 1600.