Up 8.8 Percent from December

WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) reported today that for the month of January 2008, U.S. steel mills shipped 9,246,000 net tons, a 7.3 percent increase from the 8,614,000 net tons shipped in January 2007 and an 8.8 percent increase from the 8,495,000 net tons shipped in the previous month, December 2007.

A year-to-year comparison of year-to-date shipments shows the following changes within major market classifications: service centers and distributors, up 9.3 percent; automotive, up 1.3 percent; construction and contractors’ products, up 8.5 percent; and oil and gas, up 3.2 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 31 member companies, including integrated and electric furnace steelmakers, and 130 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.

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