WASHINGTON (Scrap Register): United States domestic raw steel production was 1,306,000 net tons in the week ending on July 18, 2020 while the capability utilization rate was 58.3 percent, the American Iron and Steel Institute (AISI) said in its weekly report.
Production was 1,847,000 net tons in the week ending July 18, 2019 while the capability utilization then was 79.4 percent. The current week production represents a 29.3 percent decrease from the same period in the previous year.
Production for the week ending July 18, 2020 is up 1.3 percent from the previous week ending July 11, 2020 when production was 1,289,000 net tons and the rate of capability utilization was 57.5 percent.
Adjusted year-to-date production through July 18, 2020 was 43,233,000 net tons, at a capability utilization rate of 66.3 percent. That is down 19.7 percent from the 53,860,000 net tons during the same period last year, when the capability utilization rate was 80.9 percent.
Broken down by districts, here's production for the week ending July 18, 2020 in thousands of net tons: North East: 143; Great Lakes: 450; Midwest: 135; Southern: 521 and Western: 57 for a total of 1306.
