Prices
July 9, 2020
May Steel Shipments Down 32.9 Percent from Last Year
Written by Tim Triplett
U.S. steel mills shipped 5,461,851 net tons in May, a 2.9 percent decrease from April, and a 32.9 percent decrease from the 8,142,270 net tons shipped in May 2019, reported the American Iron and Steel Institute (AISI).
Shipments by domestic steelmakers year to date totaled 35,194,683 net tons, a 13.1 percent decrease versus 2019 shipments of 40,504,746 tons in the first five months.
A comparison of May shipments to the previous month of April shows the following changes: hot dipped galvanized sheet and strip, down 3 percent; hot rolled sheet, down 4 percent; and cold rolled sheet, down 6 percent.
