In the week ending on April 18, 2020, domestic raw steel production was 1,277,000 net tons while the capability utilization rate was 57.0 percent. Production was 1,892,000 net tons in the week ending April 18, 2019 while the capability utilization then was 81.3 percent. The current week production represents a 32.5 percent decrease from the same period in the previous year. Production for the week ending April 18, 2020 is up 1.7 percent from the previous week ending April 11, 2020 when production was 1,256,000 net tons and the rate of capability utilization was 56.1 percent.
Adjusted year-to-date production through April 18, 2020 was 27,600,000 net tons, at a capability utilization rate of 76.6 percent. That is down 6.6 percent from the 29,557,000 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 18, 2020 in thousands of net tons: North East: 116; Great Lakes: 443; Midwest: 124; Southern: 539 and Western: 55 for a total of 1277.
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)
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