November U.S. Steel Shipments Drop from October Levels
Jan 18, 2005
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The American Iron and Steel Institute (AISI) reported that for the month of November 2004, U.S. steel mills shipped 9,032,000 net tons, a 6.4-percent increase from the 8,485,000 net tons shipped in November 2003, and a 3.2-percent decrease from the 9,326,000 net tons shipped in the previous month, October 2004.

For the first 11 months of 2004, steel shipments were 103,797,000 net tons, representing a 7.6-percent increase from the 96,509,000 net tons shipped during the same period in 2003.

A year-to-year comparison of year to date shipments shows the following changes within major market classifications: service centers and distributors, up 5.5 percent; automotive, up 5.6 percent; construction and contractors’ products, up 6.9 percent; oil and gas, up 12.3 percent; machinery, industrial equipment and tools, up 19.2 percent; appliances, utensils and cutlery, up 4.2 percent; containers, packaging and shipping materials, down 0.5 percent; and electrical equipment, down 6.5 percent.

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