US steel mills: Shipments increase 5,6 % year on year in November 2018

The American Iron and Steel Institute (AISI) reports that for the month of November 2018, U.S. steel mills shipped 7,832,092 net tons, a 4.2 percent decrease from the 8,174,754 net tons shipped in the previous month, October 2018, and a 5.6 percent increase from the 7,419,946 net tons shipped in November 2017. 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.

Source: AISI, photo: fotoalia