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US November Steel shipments gain 5.6 percent y/y

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NEW YORK (Scrap Register): United States steel mills has shipped 7,832,092 net tons of steel during the month of November last year, according to the American Iron and Steel Institute (AISI).

The November shipment figures which represent a 4.2 percent decrease from the 8,174,754 net tons shipped in October 2018 and a 5.6 percent increase from the 7,419,946 net tons shipped in November 2017.

However, shipments year-to-date in 2018 are 87,475,473 net tons, a 4.7 percent increase vs. 2017 shipments of 83,558,470 net tons for 11 months.

A comparison of November shipments to the previous month of October shows the following changes: hot rolled sheets, down 6 percent, cold rolled sheets, down 6 percent, and hot dipped galvanized sheets and strip, down 8 percent.

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