According to the American Iron and Steel Institute, in the week ending January 2, 2015, US domestic raw steel production was 1,857,000 net tons while the capability utilization rate was 77.2 percent. Production was 1,787,000 net tons in the week ending January 2, 2014, while the capability utilization then was 74.5 percent. The current week production represents a 3.9 percent increase from the same period in the previous year. Production for the week ending January 2, 2015 is up 6.4 percent from the previous week ending December 27, 2014 when production was 1,746,000 net tons and the rate of capability utilization was 72.6 percent.
Adjusted year-to-date production through January 2, 2015 was 1,857,000 net tons, at a capability utilization rate of 77.2 percent. That is up 3.9 percent from the 1,787,000 net tons during the same period last year, when the capability utilization rate was 74.5 percent.