US last week steel capability utilization rate down to 56.1 percent

  • Tuesday, April 14, 2020
  • Source:ferro-alloys.com

  • Keywords:AISI, US, Raw Steel Production
[Fellow]In the week ending on April 11, 2020, US domestic raw steel production was 1,256,000 net tons while the capability utilization rate was 56.1 percent.
[Ferro-Alloys.com]  In the week ending on April 11, 2020, US domestic raw steel production was 1,256,000 net tons while the capability utilization rate was 56.1 percent. Production was 1,892,000 net tons in the week ending April 11, 2019 while the capability utilization then was 81.3 percent. The current week production represents a 33.6 percent decrease from the same period in the previous year. Production for the week ending April 11, 2020 is down 18.1 percent from the previous week ending April 4, 2020 when production was 1,534,000 net tons and the rate of capability utilization was 68.5 percent.
 
Adjusted year-to-date production through April 11, 2020 was 26,323,000 net tons, at a capability utilization rate of 77.9 percent. That is down 4.9 percent from the 27,665,000 net tons during the same period last year, when the capability utilization rate was 81.5 percent.
 
Broken down by districts, here's production for the week ending April 11, 2020 in thousands of net tons: North East: 104; Great Lakes: 430; Midwest: 122; Southern: 556 and Western: 44 for a total of 1256.
 
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. The AISI production report "AIS 7", published monthly and available by subscription, provides a more detailed summary of steel production based on data supplied by companies representing 75% of U.S. production capacity. (AISI)
 
 
  • [Editor:kangmingfei]

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