Steel Product Producers

AISI: Domestic steel shipments slip in June
Written by Ethan Bernard
August 7, 2024
US steel shipments fell both on-year and month over month in June, according to the latest figures from the American Iron and Steel Institute (AISI).
Domestic steel shipments totaled 7,152,135 short tons (st) in June. That’s down 3.8% from 7,431,201 st in May, and off 6.6% from the 7,655,692 st shipped one year earlier.
Year-to-date (YTD) shipments through the first six months of 2024 stood at 43,759,681 st, down 3.9% from the same period last year.
Comparing YTD shipments through June to the first six months of 2023 shows: cold-rolled sheet, up 4%; corrosion-resistant steel, down 2%; and hot-rolled steel, off 4%.

Ethan Bernard
Read more from Ethan BernardLatest in Steel Product Producers

AZZ expands in Midwest with acquisition of Canton Galvanizing
Independent galvanizer and coil coater AZZ Inc. has agreed to acquire Canton Galvanizing LLC.

Algoma fires up EAF steelmaking with first arc
Algoma Steel reached a milestone in its transformation from blast furnace to electric arc furnace (EAF) steelmaking, with its Unit One EAF achieving its first steel production this week.

Nucor holds HR list price at $910/ton
Nucor is keeping its list price for spot hot-rolled coil unchanged after last week’s shortened holiday week.

Triple-S closes on American Stainless Tubing buy
Triple-S Steel Holdings has closed on its previously announced acquisition of American Stainless Tubing.

Cliffs unveils new hydrogen-powered stainless line in Ohio
CEO Lourenco Goncalves, flanked by state leaders and union reps, touted the project as proof that US manufacturing is not only alive, but also advancing.