October Steel Shipments Down 7.2 Percent from September

Up 42.7 percent Year to Date

WASHINGTON, D.C., 12/16/2010 - The American Iron and Steel Institute (AISI) reported today that for the month of October 2010, U.S. steel mills shipped 6,629,195 net tons, a 7.2 percent decrease from the 7,140,369 net tons shipped in the previous month, September 2010, and a 8.7 percent increase from the 6,097,348 net tons shipped in October 2009.  Shipments year-to-date in 2010 are 69,783,780, a 42.7 percent increase vs. 2009 shipments of 48,888,095 for ten months.  2010 shipments through October would annualize at 83.7 million tons.

A month-to-month comparison of shipments shows the following changes: hot dipped galvanized sheet and strip, down 11 percent; hot rolled sheet, down 10 percent and cold rolled sheet, down 9 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 24 member companies, including integrated and electric furnace steelmakers, and 140 associate and affiliate members who are suppliers to or customers of the steel industry.  AISI's member companies represent approximately 80 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