According to the American Iron and Steel Institute (AISI), in the week ending June 11, 2016, US domestic raw steel production was 1,779,000 net tons while the capability utilization rate was 76.1 percent. Production was 1,744,000 net tons in the week ending June 11, 2015 while the capability utilization then was 73.7 percent. The current week production represents a 2.0 percent increase from the same period in the previous year. Production for the week ending June 11, 2016 is up 1.1 percent from the previous week ending June 4, 2016 when production was 1,760,000 net tons and the rate of capability utilization was 75.3 percent.
Adjusted year-to-date production through June 11, 2016 was 40,555,000 net tons, at a capability utilization rate of 72.3 percent. That is down 0.6 percent from the 40,795,000 net tons during the same period last year, when the capability utilization rate was 71.8 percent.