Weekly domestic raw steel production for the week ending August 25, 2012 fell 0.7% to 1.863 million tons (mt) from 1.876 mt last week but still up a nominal 0.1% year-on-year.
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 prior months’ reported production & operating rate. What this means is that when production is changing as it is right now, the weekly data is actually understating the change.
Capacity utilization also fell from 75.9% last week to 75.4% this week, slightly below the year-ago level of 76.1%.
The lowest production level since the recession began was 800,000 tons for the week of December 27, 2008, while the highest level 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
Dear Michelle, good afternoon
August is in Europe always a bad month due to holidays like end of december. A lot of clients of steel shops and rolling mills are closed during two to three weeks.
Have you also data for special steels like plates for pipes, abrasion and mould steel , I am interested in those data
Thanck you very much for your great work