August steel shipments down 4.0 percent
The American Iron and Steel Institute (AISI) reported that for the month of August 2007, United States steel mills shipped 9,209,000 net tons, a 4.0 percent decrease from the 9,591,000 net tons shipped in August 2006 and a 4.1 percent increase from the 8,844,000 net tons shipped in the previous month, July 2007.
A year-to-year comparison of year-to-date shipments shows the following changes within major market classifications: service centers and distributors, down 11.4 percent; automotive, down 1.1 percent; construction and contractors’ products, down 2.0 percent; and oil and gas, down 8.8 percent. |
