US weekly Raw Steel production declines 3.9%: AISI
WASHINGTON (Scrap Register): United States domestic raw steel production was 1,804,000 net tons in the week ending on October 5, 2019, declined 3.9 percent as compared to 1,877,000 net tons in the week ending October 5, 2018, according to latest data from the American Iron and Steel Institute (AISI).
US Steel mills capability utilization rate reached 78.0 percent during the week ending on October 5, down from 80.1 percent recorded in the corresponding period last year.
Production for the week ending October 5, 2019 is down 1.2 percent from the previous week ending September 28, 2019 when production was 1,825,000 net tons and the rate of capability utilization was 78.4 percent.
Adjusted year-to-date production through October 5, 2019 was 74,257,000 net tons, at a capability utilization rate of 80.4 percent. That is up 3.0 percent from the 72,063,000 net tons during the same period last year, when the capability utilization rate was 77.5 percent.
Broken down by districts, here's production for the week ending October 5, 2019 in thousands of net tons: North East: 211; Great Lakes: 659; Midwest: 196; Southern: 663 and Western: 75 for a total of 1804.