Steel Markets

August Heating and Cooling Equipment Shipment Data
Written by Brett Linton
October 13, 2017
Below is the latest data released by the the Air-Conditioning, Heating, and Refrigeration Institute (AHRI) regarding residential and commercial heating and cooling equipment shipments through August 2017. You may read the press release on their website here.
Residential Storage Water Heaters
U.S. shipments of residential gas storage water heaters for August 2017 increased 7.6 percent, to 379,212 units, up from 352,315 units shipped in August 2016. Residential electric storage water heater shipments increased 3.9 percent in August 2017, to 368,948 units, up from 355,106 units shipped in August 2016.
Year-to-date U.S. shipments of residential gas storage water heaters increased 2.7 percent, to 2,921,505, compared to 2,844,860 shipped during that same period in 2016. Residential electric storage water heater shipments increased 2.8 percent year-to-date, to 2,754,766 units, compared to 2,680,420 shipped during the same period in 2016.
Commercial Storage Water Heaters
Commercial gas storage water heater shipments decreased 16.3 percent in August 2017, to 6,720 units, down from 8,028 units shipped in August 2016. Commercial electric storage water heater shipments increased 16.1 percent in August 2017, to 12,278 units, up from 10,578 units shipped in August 2016.
Year-to-date U.S. shipments of commercial gas storage water heaters decreased 5.6 percent, to 63,450 units, compared with 67,204 units shipped during the same period in 2016. Year-to-date commercial electric storage water heater shipments increased 16 percent, to 95,356 units, up from 82,185 units shipped during the same period in 2016.
Warm Air Furnaces
U.S. shipments of gas warm air furnaces for August 2017 increased 4 percent, to 283,960 units, up from 273,136 units shipped in August 2016. Oil warm air furnace shipments increased 16.9 percent, to 3,149 units in August 2017, up from 2,693 units shipped in August 2016.
Year-to-date U.S. shipments of gas warm air furnaces increased 8.1 percent, to 1,938,542 units, compared with 1,792,768 units shipped during the same period in 2016. Year-to-date U.S. shipments of oil warm air furnaces increased 1 percent, to 18,156 units, compared with 17,975 units shipped during the same period in 2016.
Central Air Conditioners and Air-Source Heat Pumps
U.S. shipments of central air conditioners and air-source heat pumps totaled 654,312 units in August 2017, down 5.5 percent from 692,214 units shipped in August 2016. U.S. shipments of air conditioners decreased 9.4 percent, to 432,446 units, down from 477,436 units shipped in August 2016. U.S. shipments of air-source heat pumps increased 3.3 percent, to 221,866 units, up from 214,778 units shipped in August 2016.
Year-to-date combined shipments of central air conditioners and air-source heat pumps increased 7.4 percent, to 5,869,248, up from 5,466,934 units shipped in August 2016. Year-to-date shipments of central air conditioners increased 6.5 percent, to 3,952,065 units, up from 3,710,251 units shipped during the same period in 2016. The year-to-date total for heat pump shipments increased 9.1 percent, to 1,917,183 units, up from 1,756,683 units shipped during the same period in 2016.
Below is a graph showing the history of water heater, warm air furnace, and air conditioner shipments. You will need to view the graph on our website to use it’s interactive features; you can do so by clicking here. If you need assistance with either logging in or navigating the website, please contact our office at 800-432-3475 or info@SteelMarketUpdate.com.

Brett Linton
Read more from Brett LintonLatest in Steel Markets

Steel market participants mull the impact of US/Mexico S232 negotiations
Steel market participants learned that negotiations between the US and Mexico include discussions about Section 232 tariffs on steel and aluminum despite President Trump’s June 3 proclamation increasing the tariffs from 25% to 50% for all steel and aluminum imports—except for those from the UK.

ArcelorMittal plans wire-drawing closure in Hamilton, shifts production to Montreal
ArcelorMittal’s (AM) Hamilton location to be shuttered, wire production shifting to Montreal.

Tariffs, ample domestic supply cause importers to shift or cancel HR import orders
Subdued demand is causing importers to cancel hot-rolled (HR) coil orders and renegotiate the terms of shipments currently enroute to the US, importers say. An executive for a large overseas mill said customers might find it difficult to justify making imports buys after US President Donald Trump doubled the 25% Section 232 tariff on imported steel […]

CRU Insight: A 50% S232 tariff will raise US steel prices and shift trade flows
This CRU Insight examines how the increase in Section 232 tariffs on steel to challenging levels will lead to significatively higher prices for end consumers in the US market.

Steel market shakes tariffs off amid weak demand
Service centers and distributors contend that weak demand is to blame for the flattening of domestic steel spot prices, as reflected in Nucor Steel’s weekly Consumer Spot Price (CSP) notice. On Monday, the Charlotte, North Carolina-headquartered steel producer left prices unchanged from the previous week. Nucor has maintained prices of plate produced in Brandenburg since March 28.