US steel shipments up 4.5% in Dec '14: AISI

 

SPOKANE (Scrap Monster): The most recent report released by the American Iron and Steel Institute (AISI)- the association of North American steel producers indicates that the US steel mill shipments increased by 4.45% in December 2014 over the previous month. Also, the shipments in December last year were up by 4.53% when compared with the figures recorded during same month the previous year.

 

According to AISI, the US steel mills shipment for the month of December totaled 7,978,310 net tons, up by 4.45% when compared to the total shipments of 7,638,086 net tons during November last year. Also, the steel shipments in December have witnessed corresponding increase over the year. Steel shipments during the month were up 4.53% in Dec ’14, when compared with the 7,632,629 net tons shipment during December 2013.

 

The US steel shipments for the entire year 2014 were up 3.0% at 98.249 million net tons as against 95.423 million tons shipment during the full year 2013.

 

The products which witnessed sizable changes in shipments during the month of December when compared with the previous month were: hot rolled sheet (up by 7.0%), hot dipped galvanized sheets (up 5.0%) and cold rolled sheet (up 1.0%).