According to the American Iron and Steel Institute, in the week ending April 23, 2016, US domestic raw steel production was 1,684,000 net tons while the capability utilization rate was 72.0 percent. Production was 1,649,000 net tons in the week ending April 23, 2015 while the capability utilization then was 69.8 percent. The current week production represents a 2.1 percent increase from the same period in the previous year. Production for the week ending April 23, 2016 is down 0.5 percent from the previous week ending April 16, 2016 when production was 1,693,000 net tons and the rate of capability utilization was 72.4 percent.
Adjusted year-to-date production through April 23, 2016 was 28,213,000 net tons, at a capability utilization rate of 70.6 percent. That is down 2.2 percent from the 28,843,000 net tons during the same period last year, when the capability utilization rate was 71.5 percent.