December Steel Shipments up 11.6% Versus Last Year
02/20/2008 - U.S. steel mills shipped 8,495,000 net tons in December 2007, an 11.6% increase from the 7,609,000 net tons shipped in December 2006, according to the latest report from the American Iron and Steel Institute.
U.S. steel mills shipped 8,495,000 net tons in December 2007, according to the latest report from the American Iron and Steel Institute (AISI).
The report, which is based on preliminary Census Bureau data, shows that the December total represents an 11.6% increase from the 7,609,000 net tons shipped in December 2006 and a 2.2% decrease from the 8,683,000 net tons shipped in the previous month, November 2007.
A year-to-year comparison of year-to-date shipments shows the following changes within major market classifications:
- Service centers and distributors, – 8.6%
- Automotive, + 0.3%
- Construction and contractors’ products, – 1.3%
- Oil and gas, – 9.9%
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. The institute comprises 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.
