Steel Shipments Take Nosedive in April
By Metal Center News Staff
on Jun 9, 2020
The U.S. shipped 5.6 million net tons of steel in April, a 27.9 percent decline compared with March and a 31.5 percent decline compared with the same month in 2019, the American Iron and Steel Institute, Washington, reported. For the year to date, net shipments were down 8.1 percent to 32.4 million tons.
A comparison of April shipments to the previous month of March shows the following changes: cold-rolled sheet, down 29 percent; hot-rolled sheet, down 31 percent and hot-dipped galvanized sheet and strip, down 35 percent.