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[Ferro-Alloys.com] In the week ending on January 23, 2021, domestic raw steel production was 1,717,000 net tons while the capability utilization rate was 75.7 percent. Production was 1,906,000 net tons in the week ending January 23, 2020 while the capability utilization then was 82.4 percent. The current week production represents a 9.9 percent decrease from the same period in the previous year. Production for the week ending January 23, 2021 is down 1.2 percent from the previous week ending January 16, 2021 when production was 1,738,000 net tons and the rate of capability utilization was 76.7 percent.

 

Adjusted year-to-date production through January 23, 2021 was 5,635,000 net tons, at a capability utilization rate of 75.8 percent. That is down 9.7 percent from the 6,243,000 net tons during the same period last year, when the capability utilization rate was 82.4 percent.

 

Broken down by districts, here’s production for the week ending January 23, 2021 in thousands of net tons: North East: 153; Great Lakes: 614; Midwest: 189; Southern: 692 and Western: 69 for a total of 1717.

 

The Raw Steel production tonnage provided in this report is estimated. The figures are compiled from weekly production tonnage provided from 50% of the domestic producers combined with monthly production data for the remainder. Therefore, this report should be used primarily to assess production trends. 

 

Source: AISI