Weekly domestic raw steel production rose 0.9% from last week’s level of 1.871 million tons (mt) to 1.888 mt for the week ending August 3, 2013, and remains some 1.3% above the year-ago level of 1.843 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 rose slightly, increasing from 78.1% last week to 78.8% this week, and 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 fell 1.7% from last week’s 13-month high of 1.904 million tons (mt) to 1.871 mt for the week ending July 27, 2013, but remains some 1.4% above the year-ago level of 1.846 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 fell from a 14-month high of 79.5% last week to 78.1% this week, but is above the year-ago level of 74.7%.

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 rose 1.2% from 1.881 million tons (mt) last week to 1.904 mt for the week ending July 20, 2013, a 13-month high and some 3.7% above the year-ago level of 1.837 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 rose from 78.5% last week to a 14-month high of 79.5%, which is above the year-ago level of 74.3%.

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 rose 3.0% from 1.822 million tons (mt) last week to 1.876 mt for the week ending July 6, 2013, and is some 0.4% above the year-ago level of 1.869 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, rising from 76.1% last week to 78.3%, which is above the year-ago level of 75.6%

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 3.1% from 1.881 million tons (mt) last week to 1.822 mt for the week ending June 29, 2013, halting a three-week upward trend and falling some 3.1% from the year-ago level of 1.881 mt.  We suspect the drop is mainly driven by the blast furnace outage at AK Steel’s Middletown Works.

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 decreased for the first time in three weeks, dropping from 78.5% last week to 76.1%, the same as level asa year-ago.

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 rose for the third consecutive week, climbing 0.6% to 1.881 million tons (mt) for the week ending June 22, 2013, and is some 1.5% above the year-ago level of 1.854 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 rose for the third straight week, rising to 78.5% from 78.1% last week, and was higher than the year-ago level of 75.0%.

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 rose 1.0% to 1.870 million tons (mt) for the week ending June 15, 2013, up slightly from 1.851 mt last week, but some 0.6% below the year-ago level of 1.882 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 rose this week, up from 77.3% last week to 78.1%, and was higher than the year-ago level of 76.2%.

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 for the second consecutive week to 1.844 million tons (mt) for the week ending June 1, down 0.3% from 1.850 mt last week, and 4.0% below the year-ago level of 1.920 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 fell to 77.0% this week, down from 77.2% last week, and was slightly below the year-ago level of 77.7%.

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

For the week ending May 25, 2013, weekly domestic raw steel production decreased to 1.850 million tons (mt), down 2.8% from the eleven-month high of 1.904 mt last week, and 5.7% below the year-ago level of 1.961 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 last week’s year-high of 79.5% to 77.2% and was also below the year-ago level of 79.4%.

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

For the week ending May 18, 2013, weekly domestic raw steel production rose to 1.904 million tons (mt), up 1.2% from 1.881 mt last week to the highest rate since June 2, 2012. However, output is still 3.6% below the year-ago level of 1.976 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 rose from 78.5% last week to 79.5% this week, reaching the highest since May 26, 2012, and just below the year-ago level of 80.0%.

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