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April Steel Shipments Down 5.2% from Previous Month

U.S. steel mills shipped 8,849,000 net tons of steel in April 2007 according to the latest report from the American Iron and Steel Institute (AISI).
 
The April total reflects a 3.4% decrease from the 9,159,000 net tons shipped in April 2006, and a 5.2% decrease from the 9,331,000 net tons shipped in the previous month (March 2007). 
 
Within major market classifications, year-to-date shipments (as compared to YTD 2006) exhibited the following major changes:
  • Service centers and distributors, -7.3%
  • Automotive, -3.2%
  • Construction and contractors’ products, -1.1%
  • Oil and gas, -9.8%
 
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. AISI also plays a lead role in the development and application of new steels and steelmaking technology. AISI is comprised of 31 member companies, including integrated and electric furnace steelmakers, and 130 associate and affiliate members who are suppliers to or customers of the steel industry.