October steel shipments down 7.2 percent from September

The American Iron and Steel Institute (AISI) reported that for the month of October 2010, United States steel mills shipped 6,629,195 net tons, a 7.2 percent decrease from the 7,140,369 net tons shipped in the previous month, September 2010, and a 8.7 percent increase from the 6,097,348 net tons shipped in October 2009. Shipments year-to-date in 2010 are 69,783,780, a 42.7 percent increase versus 2009 shipments of 48,888,095 for 10 months.

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.