February steel shipments down 9.4 percent from January 2013
The American Iron and Steel Institute reported that for the month of February 2013, U.S. steel mills shipped 7,436,388 net tons, a 9.4 percent decrease from the 8,210,726 net tons shipped in the previous month, and a 11.5 percent decrease from the 8,407,343 net tons shipped in February 2012. Shipments year-to-date in 2013 are 15,647,114 net tons, a 7.4 percent decrease versus 2012 shipments of 16,905,275 net tons for two months.
The daily shipment average for February was 265,585 net tons, a 0.3 percent increase from the January daily shipment average of 264,862 net tons. A comparison of February shipments to the previous month of January shows the following changes: cold rolled sheet, down 5 percent, hot dipped galvanized sheets and strip, down 5 percent and hot rolled sheet, down 11 percent.