August Steel Shipments Up 11 5 Percent From July

Up 51.4 percent Year to Date

WASHINGTON, D.C.– The American Iron and Steel Institute (AISI) reported today that for the month of August 2010, U.S. steel mills shipped 7,224,190 net tons, a 11.5 percent increase from the 6,481,886 net tons shipped in the previous month, July 2010, and a 29.7 percent increase from the 5,570,368 net tons shipped in August 2009.  Shipments year-to-date in 2010 are 56,014,216, a 51.4 percent increase vs. 2009 shipments of 36,998,139 for eight months.  2010 shipments through August would annualize at 84.0 million tons.

A month-to-month comparison of shipments shows the following changes: hot rolled sheet, up 15 percent; hot dipped galvanized sheet and strip, up 12 percent and cold rolled sheet, up 4 percent.

AISI serves as the voice of the North American steel industry in the public policy arena and advances the case for steel in the marketplace as the preferred material of choice.  AISI also plays a lead role in the development and application of new steels and steelmaking technology.  AISI is comprised of 23 member companies, including integrated and electric furnace steelmakers, and 138 associate and affiliate members who are suppliers to or customers of the steel industry.  AISI's member companies represent approximately 75 percent of both U.S. and North American steel capacity.  For more news about steel and its applications, view AISI’s Web site at www.steel.org.

Contact:
Nancy Gravatt
Vice President, Communications
American Iron and Steel Institute
Tel: 202.452.7115