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January Steel Shipments up 7.3% Versus Last Year

03/18/2008 - U.S. steel mills shipped 9,246,000 net tons in January 2008, a 7.3% increase from the 8,614,000 net tons shipped in January 2007, and an 8.8% increase from the 8,495,000 net tons shipped in the previous month, December 2007.

U.S. steel mills shipped 9,246,000 net tons in January 2008, 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 January total represents a 7.3% increase from the 8,614,000 net tons shipped in January 2007 and an 8.8% increase from the 8,495,000 net tons shipped in the previous month, December 2007. 
 
A year-to-year comparison of year-to-date shipments shows the following changes within major market classifications:
 
  • Service centers and distributors, + 9.3%
  • Automotive, + 1.3%
  • Construction and contractors’ products, + 8.5%
  • Oil and gas, + 3.2%
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 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.