American Iron & Steel Industries reported that, in the week ending October 13th 2012, US domestic raw steel production was 1.736 million tons while the capability utilization rate was 70.3%. Production was 1.781 million tons in the week ending October 13th 2011, while the capability utilization then was 71.9%.
The current week production represents a 2.5% YoY decrease from the same period in the previous year. Production for the week ending October 13th 2012 is down by 1.2% WoW from the previous week ending October 6th 2012 when production was 1.757 million tons and the rate of capability utilization was 71.1%.
Adjusted YTD production through October 13th 2012 was 77.703 million tons, at a capability utilization rate of 76.7%. That is a 4.1% YoY increase from the 74.655 million tons during the same period last year, when the capability utilization rate was 74.5%.