July steel shipments down

The American Iron and Steel Institute (AISI) reported that for the month of July 2010, United States steel mills shipped 6,481,886 net tons, a 11.2 percent decrease from the 7,292,203 net tons shipped in the previous month, June 2010, and a 23.0 percent increase from the 5,271,470 net tons shipped in July 2009. Shipments year-to-date in 2010 are 48,790,026, a 55.3 percent increase vs. 2009 shipments of 31,427,771 for seven months.

A month-to-month comparison of shipments shows the following changes: hot dipped galvanized sheet and strip, down 11 percent; cold rolled sheet, down 12 percent and hot rolled sheet, down 20 percent.