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June Steel Shipments up 3.5% From May

U.S. steel mills shipped 7,639,108 net tons for the month of June 2011, according to the latest report from the American Iron and Steel Institute (AISI).
 
The June total represents a 3.5% increase from the 7,380,064 net tons shipped in the previous month, May 2011, and a 3.7% increase from the 7,367,203 net tons shipped in June 2010. 
 
Year-to-date shipments are 44,779,857 a 5.8% increase vs. shipments of 42,308,140 for the first six months of 2010. 2011 shipments through June would annualize at 90 million tons.
 
A month-to-month comparison of shipments shows the following changes:
 
·         Tin plate, + 14%
·         Cut-length plate, + 11%
·         Hot rolled sheet, + 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. 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.