November Steel Shipments Down 6.7 Percent From October, Up 9.8 Percent Year to Date

AISI Logo Hypocycloid

 

 

For Immediate Release
January 31, 2012

WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) reported today that for the month of November 2011, U.S. steel mills shipped 7,404,828 net tons, a 6.7 percent decrease from the 7,933,653 net tons shipped in the previous month, October 2011, and a 13.1 percent increase from the 6,549,025 net tons shipped in November 2010.  Shipments year-to-date in 2011 are 83,779,688 a 9.8 percent increase vs. 2010 shipments of 76,332,805 for eleven months.  2011 shipments through November would annualize at 91 million tons.

A month-to-month comparison of shipments shows the following changes: hot rolled sheet, down 3 percent, hot dipped galvanized sheets and strip, down 5 percent and cold rolled sheet, down 12 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 25 member companies, including integrated and electric furnace steelmakers, and 120 associate 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.

Link here for a PDF version of this report.

Contact: Elizabeth Vago
202.452.7126 / evago@steel.org