Industry News

June steel shipments up 3.5 percent from May

The American Iron and Steel Institute reports that for the month of June 2011, U.S. steel mills shipped 7,639,108 net tons, a 3.5 percent increase from the 7,380,064 net tons shipped in the previous month, May 2011, and a 3.7 percent increase from the 7,367,203 net tons shipped in June 2010. Shipments year-to-date in 2011 are 44,779,857 a 5.8 percent increase vs. 2010 shipments of 42,308,140 for six months. 2011 shipments through June would annualize at 90 million tons.