January 27, 2010
The U.S. Department of Commerce recently completed its annual adjustment to the seasonal factors used in the monthly Institute for Supply Management™ (ISM) Manufacturing Report On Business® and the monthly Institute for Supply Management™ (ISM) Non-Manufacturing Report On Business®.
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January 26, 2010
This
Week’s Raw Steel Production
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In the week ending January 23, 2010, domestic
raw steel production was 1,587,000 net tons while the capability
utilization rate was 65.6 percent. Production was 1,016,000
tons in the week ending January 23, 2009, while the capability
utilization then was 42.4 percent. The current week production
represents a 56.2 percent increase from the same period
in the previous year. Production for the week ending January 23,
2010 is up 1.5 percent from the previous week
ending January 16, 2010 when production was 1,564,000 tons and the
rate of capability utilization was 64.7 percent.
Adjusted year-to-date production through January 23, 2010 was
5,096,000 tons, at a capability utilization rate of 64.1 percent.
That is a 52.7 percent increase from the 3,339,000 tons during the
same period last year, when the capability utilization rate
was 42.4 percent.
Broken down by districts, here’s production for the week
ending January 23, 2010 in thousands of net tons: Northeast Coast:
140; Pittsburgh/Youngstown: 108; Lake Erie: 43; Detroit: 117;
Indiana/Chicago: 419; Midwest: 214; Southern: 478 and Western:
68.
(Estimate based on reports from companies
representing about 50% of the Industry’s Raw Steel Capability + includes
revisions for previous months)
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