U.S. Iron and Steel Scrap Use and Stockpiles for September

Following is a table detailing U.S. iron and steel-scrap and pig-iron receipts, production, consumption, shipments and stockpiles for September, according to the U.S Geological Survey in Reston, Virginia. Iron and steel scrap are used in the production of new steel and cast-iron products. Automobiles are the primary source of steel scrap.

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                            Sept.      Aug.                         YTD     YTD
                             2011      2011     MOM%     YOY%      2011    YOY%
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                            -----------------------Scrap-----------------------
Total consumption           4,600     4,660    -1.3%    10.6%    41,600   10.3%
 Blast furnace                224       269   -16.7%      n/a     1,550     n/a
 Basic oxygen process         692       462    49.8%   -14.6%     6,650   -7.9%
 Electric furnace           3,670     3,900    -5.9%    14.7%    33,100   13.0%
Production:            
 Recirculating scrap          650       657    -1.1%    11.5%     6,000   10.7%
 Obsolete scrap                11        11     0.0%    10.0%        72  -35.1%
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                            Sept.      Aug.                         YTD     YTD
                             2011      2011     MOM%     YOY%      2011    YOY%
================================================================================

                            -----------------------Scrap-----------------------
Receipts:              
 From dealers               3,790     3,890    -2.6%     9.2%    34,600   11.6%
 From other own        
  company plants              247       240     2.9%    -9.5%     2,300   -9.8%
Shipments                     106       108    -1.9%   -17.2%     1,290   18.3%
Ending stockpiles           3,160     3,220    -1.9%     8.2%       n/a     n/a
                            -----------Pig Iron (Includes Hot Metal)-----------
Total consumption           2,810     2,970    -5.4%    -2.4%    26,600    4.7%
 Basic oxygen process       2,620     2,210    18.6%    -1.5%    23,800   17.2%
Receipts                      612       620    -1.3%     3.6%     5,550  -29.9%
Production                  2,210     2,370    -6.8%    -2.2%    21,200   20.5%
Ending stockpiles             448       439     2.1%   -10.8%       n/a     n/a
                            ----------------Direct Reduced Iron----------------
Total consumption             143       145    -1.4%    -5.9%     1,140    7.5%
Receipts                      138       110    25.5%   -14.3%     1,130    5.6%
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                            Sept.      Aug.                         YTD     YTD
                             2011      2011     MOM%     YOY%      2011    YOY%
================================================================================
Ending stockpiles             160       163    -1.8%    -3.0%       n/a     n/a
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NOTE: Figures are in thousands of metric tons.

To contact the reporter on this story: Stephen Rose in Washington at srose31@bloomberg.net

To contact the editor responsible for this story: Alex Tanzi at atanzi@bloomberg.net

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