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US weekly raw steel production up by 6.9pct YoY
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Wednesday, 08 Feb 2012
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American Iron & Steel Industries reported that, in the week ending February 4th 2012, US domestic raw steel production was 1.907 million tons while the capability utilization rate was 77.2%. Production was 1.784 million tons in the week ending February 4th 2011, while the capability utilization then was 74.5%.

The current week production represents a 6.9% YoY increase from the same period in the previous year. Production for the week ending February 4th 2012 is up by 0.5% WoW from the previous week ending January 28th 2011 when production was 1.897 million tons and the rate of capability utilization was 76.8%.

Adjusted YTD production through February 4th 2012 was 9.490 million tons, at a capability utilization rate of 76.8%. That is a 6.1% YoY increase from the 8.944 million tons during the same period last year, when the capability utilization rate was 73.3%.

Broken down by districts, here's production for the week ending February 4th 2012

1. North East: 247
2. Great Lakes: 654
3. Midwest: 255
4. Southern: 661
5. Western: 90

(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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