Steel Products Prices North America
U.S. Raw Steel Production Rises
Written by Tim Triplett
July 11, 2017
Domestic raw steel production was 1,733,000 net tons in the week ending July 8, up 0.9 percent from the previous week and 4.0 percent from the same week in 2016, reports the American Iron and Steel Institute (AISI) in Washington. Mill capacity utilization in the July 8 week was 74.3 percent, up from 73.6 percent in the prior week and 71.3 percent in the prior year.
Adjusted year-to-date production through July 8 totaled 46,803,000 net tons, a 2.2 percent increase from the same period last year. Year-to-date capacity utilization averaged 74.4 percent, up from 72.4 percent in the prior-year period.
Production for the July 8 week, broken down by district, includes: Northeast, 213,000 tons; Great Lakes, 654,000 tons; Midwest, 163,000 tons; South, 630,000 tons; and West, 73,000 tons; for a total of 1,733,000.
The raw steel production tonnage in this report is estimated. The figures are compiled from weekly production tonnage provided by 50 percent of the domestic producers, combined with monthly production data for the remainder. Therefore, this report should be used primarily to assess production trends. AISI’s monthly production report provides a more detailed summary of steel production based on data supplied by companies representing 75 percent of U.S. production capacity.
Mill capability for the second quarter totaled approximately 30.3 million tons, compared to 30.4 million tons for the same period last year and 30.0 million tons for the first quarter this year.
Below is a graph showing the history of weekly raw steel production. You will need to view the graph on our website to use its interactive features, you can do so by clicking here. If you need assistance logging into or navigating the website, please contact our office at 800-432-3475 or info@SteelMarketUpdate.com.
Tim Triplett
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