The American Iron and Steel Institute (AISI) Monday reported that for the month of June 2010, US steel mills shipped 7,292,203 net tons, a 0.7 percent decrease from the 7,345,455 net tons shipped in May 2010. This is, however, a 52.0 percent increase from the 4,797,256 net tons shipped in June 2009.
Shipments year-to-date in 2010 are 42,233,140, a 61.5 percent increase vs. 2009 shipments of 26,156,301 for six months. At the current rate of shipments, shipments for 2010 would annualize at 84.5 million tons.
A month-to-month comparison of shipments indicates that cold rolled sheet is up 3 percent; hot rolled sheet is up 2 percent; and hot dipped galvanized sheet and strip have declined by 4 percent.