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Steel mill shipments rise in March

Keywords: Tags  steel mills shipments, American Iron and Steel Institute

NEW YORK — U.S. steel mills shipped more than 7.92 million net tons in March, 6.5 percent higher than the 7.44 million tons shipped the previous month but down 6.9 percent from 8.51 million tons in March 2012, American Iron and Steel Institute data show.

Month-on-month increases were seen in shipments of hot-rolled sheet (up 7 percent) and hot-dipped galvanized sheet and strip (up 2 percent), while cold-rolled sheet shipments remained unchanged.

First-quarter steel mill shipments totaled 23.57 million tons, down 7.3 percent from 25.42 million tons in the same period last year.

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