Monday, October 12, 2020 6:02:41 PM
Steel News - Published on Mon, 12 Oct 2020
The American Iron and Steel Institute reported that for the month of August 2020, U.S. steel mills shipped 6,532,652 net tons, a 8.2 percent increase from the 6,035,596 net tons shipped in the previous month, July 2020, and a 22.9 percent decrease from the 8,472,088 net tons shipped in August 2019. Shipments year-to-date in 2020 are 53,786,455 net tons, a 17.0 percent decrease vs. 2019 shipments of 64,810,436 for eight months.
A comparison of August shipments to the previous month of July shows the following changes: cold rolled sheet, up 16 percent, hot dipped galvanized sheet and strip, up 9 percent and hot rolled sheet, up 6 percent.
Source : Strategic Research Institute, SteelGuru
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