Steel shipments up 5.1 percent

Tina Grady Barbaccia

March 20, 2012

The American Iron and Steel Institute (AISI) reported on March 19 that for the month of January 2012, U.S. steel mills shipped 8,497,932 net tons, a 5.1-percent increase from the 8,085,761 net tons shipped in the previous month, December 2011, and a 12.9-percent increase from the 7,528,655 net tons shipped in January 2011. 2012 shipments for January would annualize at 102 million tons.

A month-to-month comparison of shipments shows the following changes: cold rolled sheet, up 24 percent, hot dipped galvanized sheets and strip, up 19 percent and hot rolled sheet, down 9 percent.

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