Industry News

January Steel Shipments Up Over 5.1, Up 12.9 Percent Year to Date

The American Iron and Steel Institute (AISI) reported 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.