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US October steel shipments up by 1.6pct from Sept

The American Iron and Steel Institute announced that for the month of October 2014, US steel mills shipped 8,508,477 net tonnes, a 1.6% increase from the 8,372,929 net tonnes shipped in the previous month, September 2014 and a 2.7% increase from the 8,287,553 net tonnes shipped in October 2013.

Shipments year to date in 2014 are 82,632,250 net tonnes, a 3.1% increase vs. 2013 shipments of 80,186,360 net tonnes for ten months.

A comparison of October shipments to the previous month of September shows the following changes: cold rolled sheets, up 3.0%, hot rolled sheets, up 2.0% and hot dipped galvanized sheets and strip, up 1.0%.

Source – Strategic Research Institute

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