Usa. July steel shipments down 11.2 percent from June

Usa. July steel shipments down 11.2 percent from June. The American Iron and Steel Institute (AISI) reported today that for the month of July 2010, U.S. steel mills shipped 6,481,886 net tons, a 11.2 percent decrease from the 7,292,203 net tons shipped in the previous month, June 2010, and a 23.0 percent increase from the 5,271,470 net tons shipped in July 2009. Shipments year-to-date in 2010 are 48,790,026, a 55.3 percent increase vs. 2009 shipments of 31,427,771 for seven months. 2010 shipments would annualize at 83.6 million tons. A month-to-month comparison of shipments shows the following changes: hot dipped galvanized sheet and strip, down 11 percent; cold rolled sheet, down 12 percent and hot rolled sheet, down 20 percent. AISI serves as the voice of the North American steel industry in the public policy arena. 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.