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US steel mills increase shipments in March

The American Iron and Steel Institute (AISI) reported Friday that for the month of March 2014, US steel mills shipped 8,337,578 net tons, a 9.4 percent increase from the 7,618,380 net tons shipped in the previous month, February 2014, and a 5.2 percent increase from the 7,922,265 net tons shipped in March 2013. Shipments year-to-date in 2014 are 23,851,251 net tons, a 1.2 percent increase vs. 2013 shipments of 23,569,379 net tons for three months.

A comparison of March shipments to the previous month of February shows the following changes: hot rolled sheet, up 13 percent, cold rolled sheet, up 7 percent and hot dipped galvanized sheets and strip, up 6 percent.

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