February Steel Shipments Down 4.1 Percent From January

Up 46.1 Percent from Last Year

WASHINGTON, D.C.– The American Iron and Steel Institute (AISI) reported today that for the month of February 2010, U.S. steel mills shipped 6,311,076 net tons, a 4.1percent decrease from the 6,579,808 net tons shipped in the previous month, January 2010, and a 46.1 percent increase from the 4,319,545 net tons shipped in February 2009.

A month-to-month comparison of shipments shows the following changes: hot dipped galvanized sheet and strip, down 1 percent; hot rolled sheet, down 4 percent; and cold rolled sheet, down 5 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.