Economy

Steel Shipments Up 4.4 Percent in August

Written by Tim Triplett


U.S. steel mills shipped 8,472,088 net tons for the month of August, a 4.4 percent increase from the 8,115,103 net tons shipped in the previous month, July 2019, and a 0.4 percent increase from the 8,441,597 net tons shipped in August 2018, reported the American Iron and Steel Institute in Washington.

Shipments year-to-date totaled 64,810,436 net tons, a 1.8 percent increase vs. 2018 shipments of 63,656,882 net tons for eight months.

A comparison of August shipments to the previous month of July shows the following changes: hot rolled sheets, up 10 percent; hot-dipped galvanized sheets and strip, up 7 percent; and cold rolled sheets, up 3 percent.

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