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Steel Shipments Up 5.6% in November

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U.S. steel mills shipped 7.8 million net tons of steel in November, reported the American Iron and Steel Institute, Washington. Steel shipments for the month were down 4.2 percent from October but up 5.6 percent over November 2017.

Shipments of hot-rolled and cold-rolled sheets were both down 6 percent, and shipments of hot-dipped galvanized sheets decreased 8 percent.

Through November, the U.S. has shipped 87.5 million net tons of steel, a 4.7 percent increase over the first 11 months of 2017.