Steel Markets

AISI: December steel shipments up on-year but off from November
Written by Ethan Bernard
February 7, 2024
Domestic steel shipments in December were higher year over year but were down from the previous month, according to the latest data released by the American Iron and Steel Institute (AISI).
US steel shipments totaled 7,082,921 short tons in December, off 1.3% from the 7,175,177 st shipped in November, but up from the 6,901,567 st shipped a year earlier.
Full-year 2023 shipments were 89,338,472 st, edging down 0.1% from 2022 shipments of 89,469,132 st.
Comparing full-year 2023 shipments to 2022, AISI said hot-rolled sheet shipments increased by 14%, cold-rolled sheet by +4%, and corrosion-resistant sheet by +1%.

Ethan Bernard
Read more from Ethan BernardLatest in Steel Markets

HVAC equipment shipments slow in December but strong annually
Shipments of heating and cooling equipment in the US fell to an 11-month low in December, according to the latest data released by the Air-Conditioning, Heating, and Refrigeration Institute (AHRI).

Apparent steel supply rebounds in December, but 2024 total at 4-year low
Apparent US steel supply rebounded in December, but 2024 was still the lowest level for supply since 2020.

Trump officially orders sweeping 25% tariff on steel, aluminum
The new version of Section 232 goes into effect on 12:01 am ET on March 12, according to the executive order. The latest iteration of Section 232 removed quotas, exemptions, and other carve outs that had accumulated over years.

Tampa Steel Conference: Two weeks to go!
With just two weeks to go, we have over 400 registered so far for the 36th annual Tampa Steel Conference. Join us and hundreds of industry executives at the JW Marriott Tampa Water Street from Sunday, February 2, through Tuesday, February 4.

Galvanized buyers see glimmers of optimism amidst the chaos
Reflecting on 2024 and looking ahead to the new year, galvanized steel buyers on this month’s HARDI call expressed a mix of cautious optimism with lingering uncertainties.