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June Steel Shipments Dip Slightly from May
08/17/2010 - U.S. steel mills shipped 7,292,203 net tons for the month of June 2010, a 0.7% decrease from net tons shipped in the previous month and a 52.0% increase from net tons shipped in June 2009, according to the latest report from AISI.
U.S. steel mills shipped 7,292,203 net tons for the month of June 2010 according to the latest report from the American Iron and Steel Institute (AISI). The total reflects a 0.7% decrease from the 7,345,455 net tons shipped in the previous month (May 2010) and a 52.0% increase from the 4,797,256 net tons shipped in June 2009.
For the year-to-date, shipments are 42,233,140, reflecting a 61.5% increase vs. shipments of 26,156,301 for the comparable year-ago period. For 2010, shipments would annualize at 84.5 million tons.
A month-to-month comparison of shipments shows the following changes:
· Cold rolled sheet, up 3%
· Hot rolled sheet, up 2%
· Hot dip galvanized sheet and strip, down 4%
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.
