[Ferro-Alloys.com] In the week ending on November 9, 2019, US domestic raw steel production was 1,862,000 net tons while the capability utilization rate was 80.5 percent. Production was 1,903,000 net tons in the week ending November 9, 2018 while the capability utilization then was 81.2 percent. The current week production represents a 2.2 percent decrease from the same period in the previous year. Production for the week ending November 9, 2019 is down 1.4 percent from the previous week ending November 2, 2019 when production was 1,888,000 net tons and the rate of capability utilization was 81.6 percent.
Adjusted year-to-date production through November 9, 2019 was 83,461,000 net tons, at a capability utilization rate of 80.3 percent. That is up 2.4 percent from the 81,484,000 net tons during the same period last year, when the capability utilization rate was 78.1 percent.
The Raw Steel production tonnage provided in this report is estimated. The figures are compiled from weekly production tonnage provided from 50% of the domestic producers combined with monthly production data for the remainder. Therefore, this report should be used primarily to assess production trends. (AISI)
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