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US weekly raw steel production continues on onward trend
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Wednesday, 01 Feb 2012
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American Iron & Steel Industries reported that, in the week ending January 28th 2012, US domestic raw steel production was 1.897 million tons while the capability utilization rate was 76.8%. Production was 1.790 million tons in the week ending January 28th 2011, while the capability utilization then was 73.2%.

The current week production represents a 6% YoY increase from the same period in the previous year. Production for the week ending January 28th 2012 is down by 0.7% WoW from the previous week ending January 21st 2011 when production was 1.911 million tons and the rate of capability utilization was 77.3%.

Adjusted YTD production through January 28th 2012 was 7.583 million tons, at a capability utilization rate of 76.7%. That is a 5.9% YoY increase from the 7.160 million tons during the same period last year, when the capability utilization rate was 73.2%.

Broken down by districts, here's production for the week ending January 28th 2012:

1. North East: 249
2. Great Lakes: 646
3. Midwest: 250
4. Southern: 665
5. Western: 87

(In thousands of net tons)

AISI's estimate is based on reports from companies representing about 75% of the US's raw steel capability and includes revisions for previous months.

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