This
Week’s Raw Steel Production
Sign up for Raw Steel Update newsletter.
In the week ending October 31 2009,
domestic raw steel production was 1,495,000 net tons while the
capability utilization rate was 62.7 percent. Production was
1,682,000 tons in the week ending October 31, 2008, while the
capability utilization then was 70.5 percent. The current week
production represents an 11.2 percent decrease from the
same period in the previous year. Production for the week
ending October 31, 2009 is down 0.8 percent from the
previous week ending October 24, 2009 when production was 1,507,000
tons and the rate of capability utilization
was 63.2 percent.
Adjusted year-to-date production through October 31, 2009 was
50,675,000 tons, at a capability utilization rate of 48.9 percent. That
is a 44.2 percent decrease from the 90,825,000 tons during the same
period last year, when the capability utilization rate was 88.0
percent.
Broken down by districts, here’s production for the week
ending October 31, 2009 in thousands of net tons: Northeast Coast:
114; Pittsburgh/Youngstown: 89; Lake Erie: 49; Detroit: 97;
Indiana/Chicago: 425; Midwest: 227; Southern: 430 and Western:
64.
(Estimate based on reports from companies
representing about 50% of the Industry’s Raw Steel Capability + includes
revisions for previous months)
