Weekly domestic raw steel production decreased 1.6% to 1.843 million tons (mt) for the week ending September 14, 2013, falling to an eleven-week low but is still some 1.4% above the year-ago level of 1.817 mt.

We would caution readers that only half of the AISI reporting companies release their weekly production in “real time” so the other half of this data is estimated using the last month’s reported production & operating rate. What this means is that when production is changing, the weekly data is actually understating the change.

Capacity utilization decreased from 78.1% last week to 76.9% this week, also falling to an eleven-week low, but is above the year-ago level of 73.5%.

The lowest production since the recession began was 800,000 tons for the week of December 27, 2008, while the highest was 2.005 mt for the week of May 12, 2012. The lowest capacity utilization rate since the recession began was 33.5% for the week of December 27, 2008; the highest was 81.1% on May 12, 2012.

Source: AISI and Steel Market Intelligence

Weekly domestic raw steel production decreased 0.3% from last week’s 1.861 million tons (mt) to 1.856 mt for the week ending August 31, 2013, remaining at a two-month low and some 0.4% above the year-ago level of 1.864 mt.

We would caution readers that only half of the AISI reporting companies release their weekly production in “real time” so the other half of this data is estimated using the last month’s reported production & operating rate. What this means is that when production is changing, the weekly data is actually understating the change.

Capacity utilization dropped from 77.7% last week to 77.5% this week, also remaining at a two-month low, but is above the year-ago level of 75.4%.

The lowest production since the recession began was 800,000 tons for the week of December 27, 2008, while the highest was 2.005 mt for the week of May 12, 2012. The lowest capacity utilization rate since the recession began was 33.5% for the week of December 27, 2008; the highest was 81.1% on May 12, 2012.

Source: AISI and Steel Market Intelligence

Weekly domestic raw steel production decreased 0.9% from last week’s 1.878 million tons (mt) to 1.861 mt for the week ending August 24, 2013, falling to a two-month low and remaining at some 0.1% above the year-ago level of 1.863 mt.

We would caution readers that only half of the AISI reporting companies release their weekly production in “real time” so the other half of this data is estimated using the last month’s reported production & operating rate. What this means is that when production is changing, the weekly data is actually understating the change.

Capacity utilization dropped from 78.4% last week to 77.7% this week, which is also a two-month low, but is above the year-ago level of 75.4%.

The lowest production since the recession began was 800,000 tons for the week of December 27, 2008, while the highest was 2.005 mt for the week of May 12, 2012. The lowest capacity utilization rate since the recession began was 33.5% for the week of December 27, 2008; the highest was 81.1% on May 12, 2012.

Source: AISI and Steel Market Intelligence

Weekly domestic raw steel production increased 0.9% from last week’s 1.862 million tons (mt) to 1.878 mt for the week ending August 17, 2013, and is some 0.1% above the year-ago level of 1.876 mt.

We would caution readers that only half of the AISI reporting companies release their weekly production in “real time” so the other half of this data is estimated using the last month’s reported production & operating rate. What this means is that when production is changing, the weekly data is actually understating the change.

Capacity utilization also increased from 77.7% last week to 78.4% this week, and is above the year-ago level of 75.9%.

The lowest production since the recession began was 800,000 tons for the week of December 27, 2008, while the highest was 2.005 mt for the week of May 12, 2012. The lowest capacity utilization rate since the recession began was 33.5% for the week of December 27, 2008; the highest was 81.1% on May 12, 2012.

Source: AISI and Steel Market Intelligence

Weekly domestic raw steel production decreased 1.4% from last week’s 1.888 million tons (mt) to 1.862 mt for the week ending August 10, 2013, and is also some 2.0% below the year-ago level of 1.899 mt.

We would caution readers that only half of the AISI reporting companies release their weekly production in “real time” so the other half of this data is estimated using the last month’s reported production & operating rate. What this means is that when production is changing, the weekly data is actually understating the change.

Capacity utilization also fell from 78.8% last week to 77.7% this week, but is slightly above the year-ago level of 76.9%.

The lowest production since the recession began was 800,000 tons for the week of December 27, 2008, while the highest was 2.005 mt for the week of May 12, 2012. The lowest capacity utilization rate since the recession began was 33.5% for the week of December 27, 2008; the highest was 81.1% on May 12, 2012.

Source: AISI and Steel Market Intelligence