U.S. steel shipments down 7.2 percent

Tina Grady Barbaccia

January 9, 2011

The American Iron and Steel Institute (AISI) reported on Dec. 16 that for the month of October 2010, U.S. steel mills shipped 6,629,195 net tons, a 7.2-percent decrease from the 7,140,369 net tons shipped the previous month, September 2010, and a 8.7 percent increase from the 6,097,348 net tons shipped in October 2009.

Shipments year-to-date in 2010 are 69,783,780, a 42.7 percent increase vs. 2009 shipments of 48,888,095 for 10 months.

2010 shipments through October would annualize at 83.7 million tons.

A month-to-month comparison of shipments shows the following changes: hot-dipped galvanized sheet and strip, down 11 percent; hot rolled sheet, down 10 percent and cold rolled sheet, down 9 percent.

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