WASHINGTON (Scrap Register): United States domestic raw steel production was 1,240,000 net tons in the week ending on June 27, 2020while the capability utilization rate was 55.4 percent, the American Iron and Steel Institute (AISI) said in its weekly report.
Production was 1,863,000 net tons in the week ending June 27, 2019 while the capability utilization then was 80.1 percent. The current week production represents a 33.4 percent decrease from the same period in the previous year.
Production for the week ending June 27, 2020 is up 1.3 percent from the previous week ending June 20, 2020 when production was 1,224,000 net tons and the rate of capability utilization was 54.6 percent.
Adjusted year-to-date production through June 27, 2020 was 39,165,000 net tons, at a capability utilization rate of 67.0 percent. That is down 18.9 percent from the 48,313,000 net tons during the same period last year, when the capability utilization rate was 81.2 percent.
Broken down by districts, here's production for the week ending June 27, 2020 in thousands of net tons: North East: 123; Great Lakes: 409; Midwest: 132; Southern: 516 and Western: 60 for a total of 1240.