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March Steel Shipments down 1.9% from last year.

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May 19, 2008 - According to AISI, for month of March 2008, U.S. steel mills shipped 9,158,000 net tons, a 1.9% decrease from 9,331,000 net tons shipped in March 2007 and 0.2% decrease from 9,174,000 net tons shipped in February 2008. Year-to-year comparison of year-to-date shipments shows service centers and distributors up 4.1%, automotive down 1.2%, construction and contractors' products down 1.2%, and oil and gas up 8.8%.

March Steel Shipments Down 1.9 Percent From Last Year


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American Iron & Steel Institute
1101 17th St. N.W., Suite 1300
Washington, DC, 20036
USA



Press release date: May 14, 2008

Down 0.2 Percent from February

WASHINGTON, D.C. - The American Iron and Steel Institute (AISI) reported today that for the month of March 2008, U.S. steel mills shipped 9,158,000 net tons, a 1.9 percent decrease from the 9,331,000 net tons shipped in March 2007 and a 0.2 percent decrease from the 9,174,000 net tons shipped in the previous month, February 2008.

A year-to-year comparison of year-to-date shipments shows the following changes within major market classifications: service centers and distributors, up 4.1 percent; automotive, down 1.2 percent; construction and contractors' products, down 1.2 percent; and oil and gas, up 8.8 percent.

AISI serves as the voice of the North American steel industry in the public policy arena and advances the case for steel in the marketplace as the preferred material of choice. AISI also plays a lead role in the development and application of new steels and steelmaking technology. AISI is comprised of 31 member companies, including integrated and electric furnace steelmakers, and 130 associate and affiliate members who are suppliers to or customers of the steel industry. AISI's member companies represent approximately 75 percent of both U.S. and North American steel capacity. For more news about steel and its applications, view AISI's Web site at www.steel.org.
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