This
Week’s Raw Steel Production
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In the week ending November 28, 2009, domestic
raw steel production was 1,499,000 net tons while the capability
utilization rate was 62.8 percent. Production was 1,209,000
tons in the week ending November 28, 2008, while the capability
utilization then was 50.7 percent. The current week production
represents a 24.0 percent increase from the same period
in the previous year. Production for the week ending November 28,
2009 is down 2.7 percent from the previous week
ending November 21, 2009 when production was 1,540,000 tons and the
rate of capability utilization was 64.5 percent.
Adjusted year-to-date production through November 28, 2009 was
56,812,000 tons, at a capability utilization rate of 50.2 percent.
That is a 40.7 percent decrease from the 95,661,000 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 28, 2009 in thousands of net tons: Northeast Coast:
152; Pittsburgh/Youngstown: 99; Lake Erie: 55; Detroit: 74;
Indiana/Chicago: 443; Midwest: 212; Southern: 401 and Western:
63.
(Estimate based on reports from companies
representing about 50% of the Industry’s Raw Steel Capability + includes
revisions for previous months)