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June Steel Shipments Slip Below May Totals
08/21/2007 - U.S. steel mills shipped 8,920,000 net tons in June 2007, according to the latest report from the American Iron and Steel Institute.
U.S. steel mills shipped 8,920,000 net tons in June 2007, according to the latest report from the American Iron and Steel Institute (AISI).
That total represents an 8.4% decrease from the 9,739,000 net tons shipped in June 2006, and a 1.9% decrease from the 9,087,000 net tons shipped in the previous month, May 2007.
A year-to-year comparison of year-to-date shipments shows the following changes within major market classifications:
- Service centers and distributors, -11.0%
- Automotive, -2.8%
- Construction and contractors’ products, -3.1%
- Oil and gas, -9.6%
AISI’s report is based on Census Bureau data.
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 is comprised of 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.
