ScrapPrices - AISI announced that in the week ending on April 4, 2020, domestic raw steel production was 1,534,000 net tons while the capability utilization rate was 68.5 percent. Production was 1,892,000 net tons in the week ending April 4, 2019 while the capability utilization then was 81.3 percent. The current week production represents a 18.9 percent decrease from the same period in the previous year. Production for the week ending April 4, 2020 is down 8.1 percent from the previous week ending March 28, 2020 when production was 1,670,000 net tons and the rate of capability utilization was 71.6 percent.

Adjusted year-to-date production through April 4, 2020 was 25,067,000 net tons, at a capability utilization rate of 79.4 percent. That is down 2.7 percent from the 25,773,000 net tons during the same period last year, when the capability utilization rate was 81.5 percent.

Broken down by districts, here's production for the week ending April 4, 2020 in thousands of net tons: North East: 194; Great Lakes: 549; Midwest: 139; Southern: 602 and Western: 50 for a total of 1534.

Courtesy : SteelGuru