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September Steel Shipments down 1.2% from August

U.S. steel mills shipped 7,140,369 net tons for the month of September 2010, according to the latest report from the American Iron and Steel Institute (AISI).
 
The September total represents a 1.2% decrease from the 7,224,190 net tons shipped in the previous month (August 2010) and a 23.3% increase from the 5,792,608 net tons shipped in September 2009.
 
For the year to date, shipments are 63,154,585, a 47.6% increase vs. shipments of 42,790,747 for the comparable year-ago period. 2010 shipments through September would annualize at 84.2 million tons.
 
A month-to-month comparison of shipments shows the following changes:
 
·         Cold rolled sheet, +5%
·         Hot dip galvanized sheet and strip, +3%
·         Hot rolled sheet, +3%
 
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 24 member companies, including integrated and electric furnace steelmakers, and 140 associate and affiliate members who are suppliers to or customers of the steel industry.