Steel shipments in May decline slightly from April

Steel shipments for May are up about 1 percent compared with May 2018.

© Mircea Bezergheanu - Dreamstime.com

© Mircea Bezergheanu - Dreamstime.com

The American Iron and Steel Institute (AISI), Washington, reports that for the month of May, U.S. steel mills shipped about 8.14 million net tons, a 0.8 percent decrease from about 8.21 million net tons shipped this April. However, AISI reports that steel shipments for May increased 1.1 percent compared with about 8.06 million net tons shipped in May 2018.

Year-to-date shipments are at 40.5 million net tons, a 3 percent increase compared with 2018 shipments for the first five months of the year. 

A comparison of May shipments to previous month April also indicates a for several steel products, including hot-rolled sheets (down 1 percent), hot-dipped galvanized sheets (down 2 percent) and cold-rolled sheets (down 4 percent).

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