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[Ferro-Alloys.com] In the week ending on February 13, 2021, domestic raw steel production was 1,743,000 net tons while the capability utilization rate was 76.9 percent. Production was 1,844,000 net tons in the week ending February 13, 2020 while the capability utilization then was 81.5 percent. The current week production represents a 5.5 percent decrease from the same period in the previous year. Production for the week ending February 13, 2021 is up 2.2 percent from the previous week ending February 6, 2021 when production was 1,705,000 net tons and the rate of capability utilization was 75.2 percent.

 

Adjusted year-to-date production through February 13, 2021 was 10,808,000 net tons, at a capability utilization rate of 75.9 percent. That is down 8.7 percent from the 11,837,000 net tons during the same period last year, when the capability utilization rate was 82.2 percent.

 

Broken down by districts, here’s production for the week ending February 13, 2021 in thousands of net tons: North East: 155; Great Lakes: 599; Midwest: 189; Southern: 725 and Western: 75 for a total of 1743.

 

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