Economy

U.S. Steel Shipments Through April Increase by 4.0 Percent
Written by Tim Triplett
June 17, 2018
U.S. steel mills shipped 7,798,326 net tons in April, a 6.0 percent decrease from the 8,299,418 net tons shipped in the previous month, and a 5.0 percent increase from the 7,428,080 net tons shipped in April 2017, reported the American Iron and Steel Institute in Washington.
Shipments in the first four months of 2018 totaled 31,259,675 net tons, a 4.0 percent increase vs. 2017 shipments of 30,061,271 net tons in the same period, said AISI in a press release.
A comparison of April shipments to the previous month of March shows the following changes: cold rolled sheets, down 6 percent; hot-dipped galvanized sheets and strip, down 6 percent; and hot rolled sheets, down 6 percent.

Tim Triplett
Read more from Tim TriplettLatest in Economy

ISM: Manufacturing expansion loses steam after two months of growth
US manufacturing activity slowed in March after two straight months of expansion, according to supply executives contributing to the Institute for Supply Management (ISM)’s latest report.

Chicago Business Barometer rose to 16-month high in March
The Chicago Business Barometer increased for the third-consecutive month in March. Despite this, it still reflects contracting business conditions, as it has since December 2023.

Durable goods orders rise again in February
Transportation equipment led the increase, rising 1.5% to $98.3 billion.

Consumer confidence falls for fourth consecutive month
People remain concerned about inflation, trade policies, and tariffs.

Housing starts ticked up in February
Single-family starts last month hit a rate of 1.10 million, a month-over-month increase of 11.4%, census data shows.