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US Steel Shipments in June Down 22% YoY

Steel News - Published on Tue, 11 Aug 2020

Image Source: US Steel Shipments
The American Iron and Steel Institute reported that for the month of June 2020, U.S. steel mills shipped 6,023,524 net tons, a 10.3 percent increase from the 5,461,851 net tons shipped in the previous month, May 2020, and a 22.0 percent decrease from the 7,718,499 net tons shipped in June 2019. Shipments year-to-date in 2020 are 41,218,207 net tons, a 14.5 percent decrease vs. 2019 shipments of 48,223,245 for six months.

A comparison of June shipments to the previous month of May shows the following changes: hot dipped galvanized sheet and strip, up 33 percent, cold rolled sheet, up 14 percent and hot rolled sheet, up 12 percent.

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Posted By : Yogender Pancholi on Tue, 11 Aug 2020
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