The year-on-year fall in US weekly raw steel output continued in week-ending 27 June 2015 for the twenty-second week in a row. Data released by the American Iron and Steel Institute (AISI) and monitored by Kallanish, show that the rate of fall in output has moderated somewhat over the last month. Capability utilisation also fell y-o-y however for the 22nd week in a row but the rate of fall for this parameter continues to increase and is once again at a year-to-date high.

In the week ending 27 June 2015, domestic raw steel production was 1,733,000 net tons while the capability utilisation rate was 73.3%. Output was -8.3% lower than the 1,889,000nt produced in the week ending 27 June 2014, in which capability utilisation was 78.5%. Production for the week ending 27 June 2015 is up 0.4% from the previous week ending 20 June 2015 when production was 1,726,000nt and the rate of capability utilisation was 73.0%.

Adjusted year-to-date production up to 27 June 2015 was 43,570,000nt at a capability utilisation rate of 72.3%. Output is down -7.4% from the 47,062,000nt during the same period last year when the capability utilisation rate was 77.3%, AISI confirms.

Regional production for the week ending 27 June 2015 was led by the Great Lakes region with 622,000nt, AISI says. The Southern region produced 597,000nt whilst the North East region produced 227,000nt. The Midwest produced 209,000nt and the Western region produced 78,000nt.

The raw steel production tonnage provided by these figures is estimated, the AISI says. The figures are compiled from weekly production tonnage provided from 50% of the domestic producers combined with monthly production data for the remainder. Therefore this report should be used primarily to assess production trends, the institute confirms.