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Steel Shipments Up 5.8 Percent in July

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U.S. steel mills shipped 7.9 million net tons of steel in May, reported the American Iron and Steel Institute, Washington. Steel shipments for the month were down 1 percent from June but increased 5.8 percent over July 2017.

Shipments of hot-rolled sheets were down 3 percent from June and shipments of hot-dipped galvanized sheets and strip were down 4 percent. There was no change in cold-rolled sheets.

Through July, the U.S. has shipped 55.2 million net tons of steel, a 4.3 percent increase over the first seven months of 2017.

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