2004 Steel Shipments Ahead by 7.6 Percent through November
01/18/2005 - U.S. steel mills shipped 9,032,000 net tons in November 2004, according to the latest data released by the American Iron and Steel Institute. November shipments reflect a 6.4% increase from the 8,485,000 net tons shipped in November 2003, and a 3.2% decrease from the 9,326,000 net tons shipped in the previous month, October 2004. For the first eleven months of 2004, steel shipments were 103,797,000 net tons, representing a 7.6% increase from the 96,509,000 net tons shipped during the same period in 2003.
U.S. steel mills shipped 9,032,000 net tons in November 2004, according to the latest data released by the American Iron and Steel Institute. November shipments reflect a 6.4% increase from the 8,485,000 net tons shipped in November 2003, and a 3.2% decrease from the 9,326,000 net tons shipped in the previous month, October 2004. For the first eleven months of 2004, steel shipments were 103,797,000 net tons, representing a 7.6% increase from the 96,509,000 net tons shipped during the same period in 2003.
Comparing year-to-date (YTD) shipments with YTD 2003, the most significant changes occurred in the following major market classifications:
- Service centers and distributors, +5.5%.
- Automotive, +5.6%.
- Construction and Contractors’ Products, +6.9%.
- Oil and Gas, +12.3%.
- Machinery, Industrial Equipment and Tools, +19.2%.
- Appliances, Utensils and Cutlery, +4.2%.
- Containers, Packaging and Shipping Materials, –0.5%.
- Electrical Equipment, –6.5%.
AISI serves as the voice of the North American steel industry in the public policy arena and advances the case for steel in the marketplace as the preferred material of choice.