February steel shipments up 9.9 percent from last year
The American Iron and Steel Institute reported that
for the month of February 2008, United States steel mills shipped 9,174,000
net tons, a 9.9 percent increase from the 8,350,000 net tons shipped
in February 2007 and an 0.8 percent decrease from the 9,246,000 net tons
shipped in the previous month.
A year-to-year comparison of year-to-date shipments
shows the following changes within major market classifications: service
centers and distributors, up 8.2 percent; automotive, up 3.1 percent;
construction and contractors’ products, up 4.5 percent; and oil and gas,
up 5.3 percent.