Trade Resources Market View Steel Mill Shipments in US Rise in May

Steel Mill Shipments in US Rise in May

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The American Iron and Steel Institute (AISI) reported Wednesday that for the month of May 2014, US steel mills shipped 8,398,976 net tons, a 2.0 percent increase from the 8,235,096 net tons shipped in the previous month, April 2014, and a 4.4 percent increase from the 8,047,245 net tons shipped in May 2013. Shipments year-to-date in 2014 are 40,485,323 net tons, a 2.2 percent increase vs. 2013 shipments of 39,595,155 net tons for five months.

A comparison of May shipments to the previous month of April shows the following changes: cold rolled sheet, up 2.0 percent, hot dipped galvanized sheets and strip, down 1.0 percent and hot rolled sheet, down 3.0 percent.

Source: http://www.steelorbis.com/steel-news/latest-news/steel-mill-shipments-in-us-rise-in-may-837092.htm
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Topics: Metallurgy