February steel shipments down 4.9 percent from
Washington DC— The American
Iron and Steel Institute (AISI) reported that for the month of
February 2005, U.S. steel mills shipped 8,661,000 net tons, a
4.9 percent decrease from the 9,104,000 net tons shipped in February
2004, and a 1.5 percent decrease from the 8,791,000 net tons shipped
in the previous month, January 2005.
A year-to-year comparison of
year to date shipments shows the following changes within major
market classifications: service centers and distributors, down
3.2 percent; automotive, up 1.9 percent; construction and contractors’
products, down 7.2 percent; oil and gas, up 14.4 percent; machinery,
industrial equipment and tools, down 0.1 percent; appliances,
utensils and cutlery, down 3.9 percent; containers, packaging
and shipping materials, down 10.4 percent; and electrical equipment,
down 4.3 percent.