According to the American Iron and Steel Institute (AISI), in the week ending on February 29, 2020, US domestic raw steel production was 1,923,000 net tons while the capability utilization rate was 82.5 percent.
Production for the week ending February 29, 2020 is up 1.2 percent from the previous week ending February 22, 2020 when production was 1,901,000 net tons and the rate of capability utilization was 81.5 percent.
Production was 1,917,000 net tons in the week ending February 28, 2019 while the capability utilization then was 82.4 percent. The current week production represents a 0.3 percent increase from the same period in the previous year.
Adjusted year-to-date production through February 29, 2020 was 16,350,000 net tons, at a capability utilization rate of 81.8 percent. That is up 0.8 percent from the 16,228,000 net tons during the same period last year, when the capability utilization rate was 81.3 percent.