This
Week’s Raw Steel Production
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In the week ending November 21, 2009, domestic
raw steel production was 1,540,000 net tons while the capability
utilization rate was 64.5 percent. Production was 1,209,000
tons in the week ending November 21, 2008, while the capability
utilization then was 50.7 percent. The current week production
represents a 27.4 percent increase from the same period
in the previous year. Production for the week ending November 21,
2009 is down 1.1 percent from the previous week
ending November 14, 2009 when production was 1,557,000 tons and the
rate of capability utilization was 65.3 percent.
Adjusted year-to-date production through November 21, 2009 was
55,313,000 tons, at a capability utilization rate of 49.9 percent.
That is a 41.4 percent decrease from the 94,452,000 tons during the
same period last year, when the capability utilization rate
was 84.7 percent.
Broken down by districts, here’s production for the week
ending November 21, 2009 in thousands of net tons: Northeast Coast:
155; Pittsburgh/Youngstown: 99; Lake Erie: 52; Detroit: 59;
Indiana/Chicago: 435; Midwest: 208; Southern: 468 and Western:
64.
(Estimate based on reports from companies
representing about 50% of the Industry’s Raw Steel Capability + includes
revisions for previous months)