Steel Shipments Dip 1.9% in March versus Last Year
05/27/2008 - U.S. steel mills shipped 9,158,000 net tons for the month of March 2008, according to the latest report from the American Iron and Steel Institute.
U.S. steel mills shipped 9,158,000 net tons for the month of March 2008, according to the latest report from the American Iron and Steel Institute (AISI).
The March total reflects a 1.9% decrease from the 9,331,000 net tons shipped in March 2007, and a 0.2% decrease from the 9,174,000 net tons shipped in the previous month, February 2008.
A year-to-year comparison of year-to-date shipments shows the following changes within major market classifications:
- Service centers and distributors, + 4.1%
- Automotive, - 1.2%
- Construction and contractors’ products, - 1.2%
- Oil and gas, + 8.8%
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. It comprises 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.
