Steel Products Prices North America
March 2014 U.S. Heating and Cooling Equipment Shipment Data
Written by Brett Linton
May 14, 2014
Shipments of heating and cooling equipment, a benchmark for residential construction as well as the home improvement segments of the industry, have made significant improvements in the shipping rates compared to the same month one year ago. Below is the press release from the The Air-Conditioning, Heating, and Refrigeration Institute on heating and cooling equipment shipment data for the month of March 2014.
Residential Storage Water Heaters
U.S. shipments of residential gas storage water heaters for March 2014 increased 9.8 percent, to 426,072 units, up from 388,215 units shipped in March 2013. Residential electric storage water heater shipments increased 6.7 percent in March 2014, to 395,442 units, up from 370,672 units shipped in March 2013.
For the year-to-date, U.S. shipments of residential gas storage water heaters increased 6.0 percent, to 1,162,979, compared to 1,097,072 units shipped during the same period in 2013. Residential electric storage water heater shipments increased 7.0 percent year-to-date, to 1,097,653 units, compared to 1,025,748 units shipped during the same period in 2013.
Commercial Storage Water Heaters
Commercial gas storage water heater shipments increased 21.7 percent in March 2014, to 9,542 units, up from 7,840 units shipped in March 2013. Commercial electric storage water heater shipments increased 26.2 percent in March 2014, to 6,924 units, up from 5,485 units shipped in March 2013.
Year-to-date U.S. shipments of commercial gas storage water heaters increased 0.8 percent, to 24,705 units, compared with 24,508 units shipped during the same period in 2013. Year-to-date commercial electric storage water heater shipments increased 12.3 percent to 18,145 units, up from 16,151 units shipped during the same period in 2013.
Warm Air Furnaces
U.S. shipments of gas warm air furnaces for March 2014 increased 5.1 percent, to 209,678 units, up from 199,496 units shipped in March 2013. Oil warm air furnace shipments increased 42.7 percent, to 2,970 units in March 2014, up from 2,082 units shipped in March 2013.
Year-to-date U.S. shipments of gas warm air furnaces increased 10.8 percent, to 600,467 units, compared with 541,735 units shipped during the same period in 2013. Year-to-date U.S. shipments of oil warm air furnaces increased 6.3 percent to 7,585, compared with 7,137 units shipped during the same period in 2013.
Central Air Conditioners and Air-Source Heat Pumps
U.S. shipments of central air conditioners and air-source heat pumps totaled 638,572 units in March 2014, up 11.9 percent from 570,434 units shipped in March 2013. U.S. shipments of air conditioners increased 9.7 percent, to 415,218 units, up from 378,608 units shipped in March 2013. U.S. shipments of air-source heat pumps increased 16.4 percent, to 223,354 units, up from 191,826 units shipped in March 2013.
Year-to-date combined shipments of central air conditioners and air-source heat pumps increased 14.4 percent, to 1,406,017 units, up from 1,229,247 units shipped in March 2013. Year-to-date shipments of central air conditioners increased 10.4 percent, to 871,826 units, up from 789,588 units shipped during the same period in 2013. The year-to-date total for heat pump shipments increased 21.5 percent, to 534,191 units, up from 439,659 units shipped during the same period in 2013.
SMU Note: You can view the interactive graphic below when you are logged into the website and reading the newsletter online. If you have not logged into the website in the past and need a new user name and password we can do that for you out of our office. Contact us at: info@SteelMarketUpdate.com or by calling 800-432-3475. If you need help navigating the website we would also be happy to assist you.
{amchart id=”103″ AHRI- Heating and Cooling Equipment Shipment Data}
Brett Linton
Read more from Brett LintonLatest in Steel Products Prices North America
SMU Community Chat: Timna Tanners on ‘Trumplications’ for steel in 2025
Wolfe Research's Managing Director Timna Tanners discusses the 'Trumplications' for steel in the coming year in this week's SMU Community Chat.
Nucor raises hot rolled spot price to $750/ton
Nucor raised its weekly consumer spot price (CSP) for HRC this week to $750/short ton.
SMU price ranges: Most sheet and plate products drift lower
Steel sheet prices mostly edged lower for a second week, while plate prices slipped for the third consecutive week.
Nucor drops HRC price to $720/ton
After holding its weekly spot price for hot-rolled (HR) coil steady for three weeks at $730 per short ton (st), Nucor lowered the price this week by $10/st.
SMU price ranges: Sheet slips, plate falls to 45-month low
Steel sheet and plate prices moved lower this week as efforts among some mills to hold the line on tags ran up against continued concerns about demand.