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November 2007

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.