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| October steel shipments up 5.9 percent
The American Iron and Steel Institute (AISI) reported that for the month
of October 2007, U.S. steel mills shipped 9,238,000 net tons, a 5.9 percent
increase from the 8,725,000 net tons shipped in October 2006 and an 8.8 percent
increase from the 8,492,000 net tons shipped in the previous month, September
2007.
A year-to-year comparison of year-to-date shipments shows
the following changes within major market classifications: service centers
and distributors, down 10.5 percent; automotive has stayed the same; construction
and contractors’ products,
down 3.1 percent; and oil and gas, down 7.9 percent. |
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