American Iron & Steel Industries reported that, in the week ending November 10th 2012, US domestic raw steel production was 1.746 million tons while the capability utilization rate was 70.7%. Production was 1.809 million tons in the week ending November 10th 2011, while the capability utilization then was 73%.
The current week production represents a 3.5% YoY decrease from the same period in the previous year. Production for the week ending November 10th 2012 is up by 1.7% WoW from the previous week ending November 3rd 2012 when production was 1.707 million tons and the rate of capability utilization was 69.1%.
Adjusted YTD production through November 10th 2012 was 84.557 million tons, at a capability utilization rate of 76%. That is a 3.3% YoY increase from the 81.819 million tons during the same period last year, when the capability utilization rate was 74.4%.
Broken down by districts, here's production for the week ending November 10th 2012:
1. North East: 206
2. Great Lakes: 642
3. Midwest: 264
4. Southern: 545
5. Western: 89
(In thousands of net tons)
AISI's estimate is based on reports from companies representing about 75% of the US's raw steel capability and includes revisions for previous months.
Source - American Iron and Steel Institute
The current week production represents a 3.5% YoY decrease from the same period in the previous year. Production for the week ending November 10th 2012 is up by 1.7% WoW from the previous week ending November 3rd 2012 when production was 1.707 million tons and the rate of capability utilization was 69.1%.
Adjusted YTD production through November 10th 2012 was 84.557 million tons, at a capability utilization rate of 76%. That is a 3.3% YoY increase from the 81.819 million tons during the same period last year, when the capability utilization rate was 74.4%.
Broken down by districts, here's production for the week ending November 10th 2012:
1. North East: 206
2. Great Lakes: 642
3. Midwest: 264
4. Southern: 545
5. Western: 89
(In thousands of net tons)
AISI's estimate is based on reports from companies representing about 75% of the US's raw steel capability and includes revisions for previous months.
Source - American Iron and Steel Institute
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