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March Steel Shipments up 14.9% from February

U.S. steel mills shipped 8,006,015 net tons for the month of March 2011, according to the latest report from the American Iron and Steel Institute (AISI).
 
The March total represents a 14.9% increase from the 6,967,481 net tons shipped in the previous month, February 2011, and a 4.7% increase from the 7,646,938 net tons shipped in March 2010.
 
Year-to-date shipments are 22,502,151 net tons, a 9.6% increase vs. shipments of 20,537,822 for comparable year-ago period. 2011 shipments through March would annualize at 90 million tons.
 
A month-to-month comparison of shipments shows the following changes:
 
·         Hot dip galvanized sheet and strip, + 19%
·         Hot rolled sheet, + 14%
·         Cold rolled sheet, + 13%
 
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.