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February Steel Shipments Down 4.1% from January

U.S. steel mills shipped 6,311,076 net tons for the month of February 2010 according to the latest report from the American Iron and Steel Institute (AISI).
 
The February total represents a 4.1% decrease from the 6,579,808 net tons shipped in the previous month (January 2010) and a 46.1% increase from the 4,319,545 net tons shipped in February 2009. 
 
A month-to-month comparison of shipments shows the following changes:
 
  • Hot dipped galvanized sheet and strip, down 1%
  • Hot rolled sheet, down 4%
  • Cold rolled sheet, down 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. AISI also plays a lead role in the development and application of new steels and steelmaking technology. The Institute comprises 23 member companies, including integrated and electric furnace steelmakers, and 138 associate and affiliate members who are suppliers to or customers of the steel industry.