US monthly steel shipments fell 1.3% in July, AISI says

US steel mills shipped 7.9 million net tons in July, down 1.3% from 8 million tons in June, according to American Iron and Steel Institute (AISI) data.

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However, shipments from January through July reached 58 million tons, a 11.2% increase from the 52.2 million tons in same period a year ago.

Major monthly product changes were seen in hot rolled coil (up 5%), cold rolled coil (down 2%) and hot-dipped galvanized sheet and strip (down 5%).

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