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May Steel Shipments Dip Below May 2006 Levels
07/25/2007 - U.S. steel mills shipped 9,087,000 net tons in May 2007, according to the latest report from the American Iron and Steel Institute.
U.S. steel mills shipped 9,087,000 net tons in May 2007, according to the latest report from the American Iron and Steel Institute (AISI).
The total reflects an 8.2% decrease from the 9,895,000 net tons shipped in May 2006, and a 2.6% increase from the 8,849,000 net tons shipped in the previous month, April 2007.
A year-to-year comparison of year-to-date shipments shows the following changes within major market classifications:
- Service centers and distributors, -9.3%
- Automotive, -2.4%
- Construction and contractors’ products, -2.6%
- Oil and gas, -9.5%
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.
