The American Iron and Steel Institute (AISI) announced Thursday that for the month of October 2010, shipments from US steel mills totaled 6,629,195 net tons (nt), a 7.2 percent decrease from the 7,140,369 nt shipped in the previous month, and a 8.7 percent increase from the 6,097,348 nt shipped in October 2009.
Shipments year-to-date in 2010 are 69,783,780, a 42.7 percent increase vs. 2009 shipments of 48,888,095 for ten months. 2010 shipments through October would annualize at 83.7 million tons.
A month-to-month comparison of shipments shows the following changes: hot dipped galvanized sheet and strip, down 11 percent; hot rolled sheet, down 10 percent and cold rolled sheet, down 9 percent.