September 19 2009

by SteelNerd on September 22, 2009

in News

This

Week’s Raw Steel Production

href="http://www.informz.net/steel/profile.asp?fid=1062"
>Sign up for Raw Steel Update newsletter.

In the week ending September 19, 2009, domestic

raw steel production was 1,386,000 net tons while the capability
utilization rate was 58.1 percent. Production was 2,017,000
tons in the week ending September 19, 2008, while the capability
utilization then was 84.5 percent. The current week production
represents a 31.3 percent decrease from the same period
in the previous year. Production for the week ending September 19,
2009 is up 1.0 percent from the previous week
ending September 12, 2009 when production was 1,373,000 tons and
the rate of capability utilization was 57.5 percent.

Adjusted year-to-date production through September 19, 2009 was
41,944,000 tons, at a capability utilization rate of 47.0 percent. That
is a 47.8 percent decrease from the 80,230,000 tons during the same

period last year, when the capability utilization rate was 89.7
percent.

Broken down by districts, here’s production for the week
ending September 19, 2009 in thousands of net tons: Northeast
Coast: 104; Pittsburgh/Youngstown: 99; Lake Erie: 8; Detroit: 68;
Indiana/Chicago: 409; Midwest: 175; Southern: 464 and Western:
59.

(Estimate based on reports from companies
representing about 50% of the Industry’s Raw Steel Capability + includes

revisions for previous months)