According to May 31 data from the American Iron and Steel Industry (AISI), for the week ending May 28, 2016, US domestic raw steel production was 1,775,000 net tons while the capability utilization rate was 75.9 percent. Production was 1,704,000 net tons in the week ending May 28, 2015 while the capability utilization was 72.1 percent. The current week production represents a 4.2 percent increase from the same period in the previous year. Production for the week ending May 28, 2016 is up 1.1 percent from the previous week ending May 21, 2016 when production was 1,756,000 net tons and the rate of capability utilization was 75.1 percent.
Adjusted year-to-date production through May 28, 2016 was 37,015,000 net tons, at a capability utilization rate of 71.9 percent. That is down 0.8 percent from the 37,307,000 net tons during the same period last year, when the capability utilization rate was 71.6 percent.
Broken down by districts, the production for the week ending May 28, 2016 in thousands of net tons is as follows: North East: 206; Great Lakes: 663; Midwest: 165; Southern: 649 and Western: 92 for a total of 1775.