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US weekly raw steel production up by 69pct YoY
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Monday, 15 Mar 2010
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American Iron & Steel Industries reported that, in the week ending March 6th 2010, US domestic raw steel production was 1.683 million tons while the capability utilization rate was 69.2%. Production was 995,000 tons in the week ending March 6th 2009, while the capability utilization then was 41.7%. The current week production represents a 69.2% YoY increase from the same period in the previous year.

Production for the week ending March 6th 2010 is up by 0.9% WoW from the previous week ending February 27th 2010 when production was 1.668 million tons and the rate of capability utilization was 69%.

Adjusted YTD production through March 6th 2010 was 14.952 million tons, at a capability utilization rate of 66.6%. That is a 55.8% increase from the 9.599 tons during the same period last year, when the capability utilization rate was 42.9%.

Broken down by districts, here's production for the week ending March 6th 2010:
1. Northeast Coast: 143
2. Pittsburgh/Youngstown: 107
3. Lake Erie: 47
4. Detroit: 117
5. Indiana/Chicago: 416
6. Midwest: 238
7. Southern: 541
8. Western: 74
(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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