February Steel Shipments Down 1.1 Percent From January

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Up 16.6 Percent Year to Date

For Immediate Release
April 17, 2012

WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) reported today that for the month of February 2012, U.S. steel mills shipped 8,407,343 net tons, a 1.1 percent decrease from the 8,497,932 net tons shipped in the previous month, January 2012, and a 20.7 percent increase from the 6,967,481 net tons shipped in February 2011.  Shipments year-to-date in 2012 are 16,905,275 a 16.6 percent increase vs. 2011 shipments of 14,496,136 for two months.  2012 shipments through February would annualize at 101 million tons.

A month-to-month comparison of shipments shows the following changes: hot dipped galvanized sheets and strip, up 7 percent, cold rolled sheet, down 4 percent and hot rolled sheet, down 6 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 124 associate members who are suppliers to or customers of the steel industry.  AISI's member companies represent over three quarters 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: Elizabeth Vago
202.452.7126 / evago@steel.org

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