According to the American Iron and Steel Institute, in the week ending July 16, 2016, domestic raw steel production was 1,746,000 net tons while the capability utilization rate was 74.7 percent. Production was 1,750,000 net tons in the week ending July 16, 2015 while the capability utilization then was 73.2 percent. The current week production represents a 0.2 percent decrease from the same period in the previous year. Production for the week ending July 16, 2016 is up 2.0 percent from the previous week ending July 9, 2016 when production was 1,712,000 net tons and the rate of capability utilization was 73.2 percent.
Adjusted year-to-date production through July 16, 2016 was 49,200,000 net tons, at a capability utilization rate of 72.5 percent. That is down 0.8 percent from the 49,573,000 net tons during the same period last year, when the capability utilization rate was 72.3 percent.