Wednesday, July 29, 2009

This Week's Raw Steel Production



In the week ending July 25, 2009, domestic raw steel production was 1,254,000 net tons while the capability utilization rate was 52.6 percent. Production was 2,120,000 tons in the week ending July 25, 2008, while the capability utilization then was 88.8 percent. The current week production represents a 40.9 percent decrease from the same period in the previous year. Production for the week ending July 25, 2009 is up 0.8 percent from the previous week ending July 18, 2009 when production was 1,244,000 tons and the rate of capability utilization was 52.1 percent. 

Adjusted year-to-date production through July 25,2009 was 31,397,000 tons, at a capability utilization rate of 44.7 percent. That is a 50.5 percent decrease from the 63,427,000 tons during the same period last year, when the capability utilization rate was 90.3 percent.

Broken down by districts, here's production for the week ending July 25, 2009 in thousands of net tons: Northeast Coast: 108; Pittsburgh/Youngstown: 85; Lake Erie: 10; Detroit: 40; Indiana/Chicago: 379; Midwest: 136; Southern: 429 and Western: 67.

(Estimate based on reports from companies representing about 50% of the Industry's Raw Steel Capability + includes revisions for previous months)
 


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