Steel Production, Mill Utilization Up from Last Year

Adjusted year-to-date production through Aug. 12 totaled 55,650,000 net tons, up 2.9 percent from last year. The capability utilization rate for the year averaged 74.6 percent, up from 72.2 percent in 2016.

Following is the Aug. 12 week’s production by district: North East 211,000 net tons; Great Lakes, 678,000 net tons; Midwest, 166,000 net tons; South, 650,000 net tons; and West, 75,000 net tons, for a total of 1,780,000.

The raw steel production tonnage in this report is estimated. The figures are compiled from weekly production tonnage provided from 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. The monthly AISI 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 third-quarter 2017 is approximately 30.6 million tons, compared to 30.7 million tons for the same period last year and 30.3 million tons for the second quarter.

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