The American Iron and Steel Institute (AISI) published domestic raw steel output data for the week ending on May 9, 2020.

The production totalled 1.204 million net tons in the week. This is substantially lower by 36% from the corresponding week a year before. The production had totalled 1.880 million net tons in the week ending on May 9, 2019. The capability utilization rate too recorded year-on-year decline from 80.8% to 53.7%.

Upon comparison with the prior week, the recent week’s production climbed higher by 5.2%. As per data, the raw steel production had totalled 1.144 million net tons in the week ended May 2, 2020. The mills had reported lower capability utilization rate of 51.1% in the prior week.

The year-to-date production through May 9, 2020 totalled 30.859 million net tons at a capacity utilization rate of 72.2%. This is substantially lower, compared with the year ago period. The raw steel production had totalled 35.218 million net tons at a capability utilization rate of 81.4% in the corresponding period last year. The production witnessed substantial year-on-year decline by 12.4%.

The production tonnage broken down by districts in net tons is as follows: North East (94,000), Great Lakes (398,000), Midwest (122,000), Southern (525,000) and Western (65,000).