In the week ending July 4, 2009, domestic raw steel production was 1,168,000 net tons while the capability utilization rate was 49.0 percent. Production was 2,135,000 tons in the week ending July 4, 2008, while the capability utilization then was 89.4 percent. The current week production represents a 45.3 percent decrease from the same period in the previous year. Production for the week ending July 4, 2009 is up 0.6 percent from the previous week ending June 27, 2009 when production was 1,161,000 tons and the rate of capability utilization was 48.7 percent.
Adjusted year-to-date production through July 4,2009 was 27,686,000 tons, at a capability utilization rate of 43.9 percent. That is a 51.5 percent decrease from the 57,067,000 tons during the same period last year, when the capability utilization rate was 90.5 percent.
Broken down by districts, here's production for the week ending July 4, 2009 in thousands of net tons: Northeast Coast: 108; Pittsburgh/Youngstown: 82; Lake Erie: 9; Detroit: 39; Indiana/Chicago: 331; Midwest: 110; Southern: 431 and Western: 58.
(Estimate based on reports from companies representing about 50% of the Industry's Raw Steel Capability + includes revisions for previous months)
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