July Steel Shipments Down 3% from June
09/20/2011 - U.S. steel mills shipped 7,409,450 net tons for the month of July 2011, a 3.0% decrease from the previous month’s shipments according to the latest report from AISI.
U.S. steel mills shipped 7,409,450 net tons for the month of July 2011, according to the latest report from the American Iron and Steel Institute (AISI).
The July total represents a 3.0% decrease from the 7,639,108 net tons shipped in the previous month, June 2011, and a 14.3% increase from the 6,481,886 net tons shipped in July 2010.
Year-to-date shipments are 52,189,307 net tons a 7.0% increase vs. YTD 2010 shipments of 48,790,026 for the first seven months. 2011 shipments through July would annualize at 89 million tons.
A month-to-month comparison of shipments shows the following changes:
· Hot rolled sheet, + 3%
· Cold rolled sheet, - 4%
· Hot dip galvanized sheets and strip, - 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. The Institute comprises 25 member companies, including integrated and electric furnace steelmakers, and 118 associate and affiliate members who are suppliers to or customers of the steel industry.
