According to the American Iron and Steel Institute, in the week ending August 9, 2014, US domestic raw steel production was 1,896,000 net tons while the capability utilization rate was 78.8 percent. Production was 1,858,000 net tons in the week ending August 9, 2013, while the capability utilization then was 77.6 percent. The current week production represents a 2.0 percent increase from the same period in the previous year. Production for the week ending August 9, 2014 is down 0.3 percent from the previous week ending August 2, 2014 when production was 1,901,000 net tons and the rate of capability utilization was 79.0 percent.
Adjusted year-to-date production through August 9, 2014 was 58,344,000 net tons, at a capability utilization rate of 76.9 percent. That is up 0.4 percent from the 58,101,000 net tons during the same period last year, when the capability utilization rate was 76.9 percent.
