February Steel Shipments Down 52.4 Percent From Last Year

Down 5.7 Percent from January

WASHINGTON, D.C., April 22, 2009 – The American Iron and Steel Institute (AISI) reported today that for the month of February 2009, U.S. steel mills shipped 4,320,000 net tons, a 52.4 percent decrease from the 9,064,000 net tons shipped in February 2008 and a 5.7 percent decrease from the 4,576,000 net tons shipped in the previous month, January 2009.

A year-to-year comparison of year-to-date shipments shows the following changes within major market classifications: service centers and distributors, down 54.9 percent; automotive, down 57.7 percent; construction and contractors’ products, down 58.0 percent; and oil and gas, down 39.7 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 24 member companies, including integrated and electric furnace steelmakers, and 138 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.

Nancy Gravatt
Vice President, Communications
American Iron and Steel Institute
Tel: 202.452.7115