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US steel mills’ shipments rise as capacity utilization sags

Keywords: Tags  AISI, American Iron and Steel Institute, U.S. steel mills, domestic steel production, capacity utilization, steel shipments, hot-rolled sheet, hot-dipped galvanized sheet Chris Prentice


NEW YORK — U.S. steel mills’ shipments rose in October compared with the previous month at the same time that capacity utilization reached its lowest rate thus far this year, according to data from the American Iron and Steel Institute.

October shipments totaled 7.4 million net tons, up 2.7 percent from 7.2 million tons in September (amm.com, Nov. 16).

Still, October’s total represented a 6.3-percent decline from the 7.9 million tons in October 2011. Mills’ raw steel capacity utilization for the month was 68 percent, the lowest monthly total so far in 2012.

Shipments of hot-rolled sheet rose 6 percent month on month in October, while hot-dipped galvanized sheets and strip rose 3 percent in the same comparison. Shipments of cold-rolled sheet registered no change, AISI said.

U.S. steel mills have shipped 81.1 million tons from January to October 2012, up 6.1 percent from 76.4 million tons in the same 2011 period.


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