Steel Products Prices North America

Weekly Raw Steel Production: Slight Rise Over Last Week

Written by Brett Linton

For the week ending October 1, 2016, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,611,000 net tons of raw steel, a 0.4 percent increase over the previous week but a 4.5 percent decrease over the same week one year ago. The estimated capacity utilization rate is 68.9 percent, up from 68.6 percent last week but down from 70.5 percent this time last year.

Estimated total raw steel produced for 2016 YTD is reported to be 67,178,000 tons, down 1.8 percent from the 68,434,000 tons produced during the same period in 2015. The average capacity utilization rate for 2016 YTD is estimated to be 71.8 percent, down from 72.1 percent for 2015 YTD.

Week-over-week changes per district are as follows: Northeast at 193,000 tons, down 8,000 tons. Great Lakes at 671,000 tons, up 35,000 tons. Midwest at 163,000 tons, up 1,000 tons. South at 512,000 tons, down 29,000 tons. West at 72,000 tons, up 7,000 tons. Total production was 1,611,000 tons, up 6,000 tons.

Note that the AISI estimates total capability for Q3 2016 at approximately 30.7 million tons versus 31.4 million tons for the same period last year and 30.4 million tons for Q2 2016. 

About Weekly Raw Steel Production Data

The weekly raw steel production tonnage provided by the AISI is estimated. The figures are compiled from weekly production tonnage provided by 50 percent of the domestic producers combined with monthly production data for the remainder. Therefore, this report should be used primarily to assess production trends. The monthly AISI production report provides a more detailed summary of steel production based on data supplied by companies representing over 75 percent of U.S. production capacity.

SMU Note: Below is a graphic showing the weekly raw steel production history. To use the graphs interactive capabilities, you must view it on our website. You can do this by clicking here. If you need help navigating the website or need to know your login information, contact us at or by calling 800-432-3475.

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