US Steel Shipments in November 2020 Down 12% YoY
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US Steel Shipments in November 2020 Down 12% YoY

The American Iron and Steel Institute reported that for the month of November 2020, US steel mills shipped 6,753,447 net tons, a 0.1% increase

The American Iron and Steel Institute reported that for the month of November 2020, US steel mills shipped 6,753,447 net tons, a 0.1% increase from the 6,747,709 net tons shipped in the previous month, October 2020, and an 11.9% decrease from the 7,665,006 net tons shipped in November 2019. Shipments year-to-date in 2020 are 73,950,515 net tons, a 16.1% decrease vs 2019 shipments of 88,157,028 for eleven months.

A comparison of November shipments to the previous month of October shows the following changes: cold rolled sheet up 4%, hot rolled sheet no change and hot dipped galvanized sheet and strip down 2%.

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