US steel shipments in October up 5.9% from 2006

Tuesday, 18 December 2007 09:58:31 (GMT+2)

The American Iron and Steel Institute (AISI) reported Monday that during the month of October 2007, US steel mills shipped 9,238,000 net tons (nt), up 5.9 percent from the amount of tons shipped in October 2006, and up 8.8 percent from the amount shipped in the previous month, September 2007.

AISI's year-on-year comparison of year-to-date shipments shows the following changes within major market classifications: service centers and distributors, down 10.5 percent; automotive, no change; construction and contractors' products, down 3.1 percent; and oil and gas, down 7.9 percent.

AISI's member companies represent approximately 75 percent of both the US and North American steel capacity.