Steel Market Intelligence » Domestic Steel Capacity https://www.michelleapplebaum.com/blog Analytical Steel Industry Expertise Wed, 09 Apr 2014 19:25:37 +0000 en-US hourly 1 Domestic Raw Steel Production, Capacity Utilization Climb to Two-Month Highs https://www.michelleapplebaum.com/blog/?p=4606 https://www.michelleapplebaum.com/blog/?p=4606#comments Tue, 11 Feb 2014 16:44:33 +0000 http://www.michelleapplebaum.com/blog/?p=4606 Weekly domestic raw steel production increased 1.9% from 1.804 million tons (mt) last week to 1.839 mt for the week ending February 8, 2014, reaching the highest amount since November 23, 2013.  Production is 0.9% above the year-ago level of 1.822 mt.

Capacity utilization also increased and reached the highest rate since November 23, 2013, rising from 75.3% last week to 76.8% this week.  The rate is above the year-ago level of 76.1%.

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.

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.

Source: AISI and Steel Market Intelligence

]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=4606 0 Domestic Raw Steel Production, Capacity Utilization Decrease for Second Week https://www.michelleapplebaum.com/blog/?p=4602 https://www.michelleapplebaum.com/blog/?p=4602#comments Tue, 04 Feb 2014 16:12:23 +0000 http://www.michelleapplebaum.com/blog/?p=4602 Weekly domestic raw steel production decreased for the second consecutive week, down 1.1% from 1.824 million tons (mt) last week to 1.804 mt for the week ending February 1, 2014.  Production is just 0.2% above the year-ago level of 1.801 mt.

Capacity utilization also decreased from 76.1% last week to 75.3% this week and is just slightly above the year-ago level of 75.2%.

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.

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.

Source: AISI and Steel Market Intelligence

]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=4602 0 Domestic Raw Steel Production, Capacity Utilization Decrease After Four-Week Climb https://www.michelleapplebaum.com/blog/?p=4595 https://www.michelleapplebaum.com/blog/?p=4595#comments Tue, 28 Jan 2014 16:23:09 +0000 http://www.michelleapplebaum.com/blog/?p=4595 Weekly domestic raw steel production halted a four-week climb, decreasing 0.7% from 1.836 million tons (mt) last week to 1.824 mt for the week ending January 25, 2014.  Production is some 1.0% above the year-ago level of 1.806 mt.

Capacity utilization also decreased from 76.6% last week to 76.1% 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.

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.

Source: AISI and Steel Market Intelligence

]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=4595 0 Domestic Raw Steel Production Falls for Second Straight Week https://www.michelleapplebaum.com/blog/?p=3839 https://www.michelleapplebaum.com/blog/?p=3839#comments Mon, 04 Feb 2013 22:12:43 +0000 http://www.michelleapplebaum.com/blog/?p=3839 For the week ending February 2, 2013, weekly domestic raw steel production fell 0.3% to 1.801 million tons (mt) – but is up 5.8% from the recent low of 1.679 mt for the week of October 27, 2012.

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 came in at 75.2%, down from 75.4% last week and from the year-ago level of 78.5%.

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

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