According to the American Iron and Steel Institute (AISI), in the week ending on December 10, 2016, US domestic raw steel production was 1,674,000 net tons while the capability utilization rate was 70.6 percent.
Production was 1,485,000 net tons in the week ending December 10, 2015 while the capability utilization then was 62.1 percent. The current week production represents a 12.7 percent increase from the same period in the previous year.
Production for the week ending December 10, 2016 is up 2.4 percent from the previous week ending December 3, 2016 when production was 1,635,000 net tons and the rate of capability utilization was 68.9 percent.
Adjusted year-to-date production through December 10, 2016 was 83,050,000 net tons, at a capability utilization rate of 70.8 percent. That is down 1.1 percent from the 83,966,000 net tons during the same period last year, when the capability utilization rate was 70.1 percent.
Adjusted year-to-date production through December 10, 2016 was 83,050,000 net tons, at a capability utilization rate of 70.8 percent. That is down 1.1 percent from the 83,966,000 net tons during the same period last year, when the capability utilization rate was 70.1 percent.