November steel shipments up 8.7 percent from last year
The American Iron and Steel Institute (AISI) reported
that for the month of November 2007, United States steel mills shipped
8,683,000 net tons, an 8.7 percent increase from the 7,991,000 net tons
shipped in November 2006 and a 6.0 percent decrease from the 9,238,000
net tons shipped in the previous month, October 2007.
A year-to-year comparison of year-to-date shipments
shows the following changes within major market classifications: service
centers and distributors, down 9.4 percent; automotive, up 0.5 percent;
construction and contractors’ products, down 3.0 percent; and oil and
gas, down 9.2 percent.