AISI announced that in the week ending October 3rd 2009, US domestic raw steel production was 1,415,000 net tons while the capability utilization rate was 59.3% as compared to 1,850,000 tons in the week ending October 3rd 2008, while the capability utilization then was 77.5%.
The current week production represents a 23.6% decrease from the same period in the previous year.
Production for the week ending October 3, 2009 is up 1.7% from the previous week ending September 26th 2009 when production was 1,392,000 tons and the rate of capability utilization was 58.3%.
Adjusted year to date production through October 3rd 2009 was 44,751,000 tons, at a capability utilization rate of 47.6%. That is a 46.8% decrease from the 84,097,000 tons during the same period last year, when the capability utilization rate was 88%.
Broken down by districts, here's production for the week ending October 3rd 2009 in thousands of net tons
1. Northeast Coast: 116
2. Pittsburgh/Youngstown: 90
3. Lake Erie: 26
4. Detroit: 71
5. Indiana/Chicago: 419
6. Midwest: 174
7. Southern: 459
8. Western: 60
AISI estimate are based on reports from companies representing about 50% of the Industry's Raw Steel Capability + includes revisions for previous months
