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May steel shipments up 0.9%

Keywords: Tags  steel, steel mills, steel shipments, AISI, American iron and Steel Institute, hot-rolled sheet, galvanized sheet, steel strip cold-rolled sheet

NEW YORK — U.S. steel mill shipments were mixed in May, rising month on month but falling compared with a year earlier, according to American Iron and Steel Institute data.

U.S. mills shipped nearly 8.05 million net tons of steel in May, up 0.9 percent from 7.98 million tons the previous month but down 4.6 percent from 8.44 million tons in May last year.

Hot-rolled sheet shipments rose 5 percent in May compared with April, hot-dipped galvanized sheet and strip fell 1 percent and cold-rolled sheet declined 10 percent.

Shipments in the first five months of this year totaled nearly 39.6 million tons, down 6 percent from 42.1 million tons in the same 2012 period.

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