American Recycler News, Inc.

 

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.