[Ferro-Alloys.com] In the week ending on March 6, 2021, domestic raw steel production was 1,755,000 net tons while the capability utilization rate was 77.4 percent. Production was 1,761,000 net tons in the week ending March 6, 2020 while the capability utilization then was 76.2 percent. The current week production represents a 0.3 percent decrease from the same period in the previous year. Production for the week ending March 6, 2021 is up 0.3 percent from the previous week ending February 27, 2021 when production was 1,749,000 net tons and the rate of capability utilization was 77.2 percent.

Adjusted year-to-date production through March 6, 2021 was 16,112,000 net tons, at a capability utilization rate of 76.6 percent. That is down 7.6 percent from the 17,435,000 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 March 6, 2021 in thousands of net tons: North East: 157; Great Lakes: 609; Midwest: 179; Southern: 740 and Western: 70 for a total of 1755.

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.

Source: AISI