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Domestic Steel Shipments Down Two Percent

Domestic Steel Shipments Down Two Percent

Tuesday, September 17, 2002
 
For the first seven months of 2002, U.S. steel mills shipped 57,966,000 net tons, down 2.0 percent from the 59,153,000 net tons shipped in the same period in 2001, according to data from the American Iron and Steel Institute (AISI). In July 2002, steel shipments were 8,386,000 net tons, an increase of 3.4 percent from the 8,108,000 net tons shipped in July 2001 and a decrease of 1.7 percent from the 8,532,000 net tons shipped in June 2002. A year-to-year comparison of U.S. mill shipments, according to AISI, shows the following changes within major market classifications: service centers and distributors, down 6.6 percent; automotive, up 0.2 percent; construction and contractors’ products, up 2.1 percent; oil and gas, down 28.0 percent; machinery, industrial equipment and tools, down 10.7 percent; appliances, utensils and cutlery, up 4.4 percent; containers, packaging and shipping materials, down 0.5 percent; and, electrical equipment, down 23.1 percent. For more steel news, visit the AISI website at www.steel.org.

 

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