Steel Products

AISI: US steel shipments up in May from April, off from 2023

July 5, 2024

Domestic steel shipments increased in May month over month but have fallen on-year.

Steel mills in the US shipped 7,431,201 short tons (st) in May, up 1% from 7,356,130 st a month earlier, according to the latest figures from American Iron and Steel Institute (AISI). Still, that’s down 3.8% from 7,721,633 st in May 2023.

Year-to-date (YTD) shipments through May stood at 36,607,546 st, off 3.3% from 37,860,154 st for the first five months of last year.

Comparing YTD shipments through May vs. the same period a year earlier shows: cold-rolled sheet, up 4%; corrosion-resistant steel, down 2%; and hot-rolled steel, also down 2%.

Ethan Bernard

Ethan Bernard is a reporter and editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA. in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.