Steel Markets
Heating and Cooling Equipment Shipments Slip in September
Written by Brett Linton
November 2, 2018
Total heating and cooling equipment shipments in September fell 5.1 percent compared to one year ago, according to data released by the Air-Conditioning, Heating, and Refrigeration Institute (AHRI) on Wednesday. Prior to September, total monthly equipment shipments on a year-over-year basis had increased every month since October 2016 (22 months).
Residential and commercial storage water heater shipments declined 12.2 percent year over year to a combined 659,372 units; 642,344 units were shipped for residential use and 17,028 units for commercial use.
Shipments of warm air furnaces totaled 330,548 units in September, down 3.8 percent compared to the same month last year.
Central air conditioners and air-source heat pump shipments rose 3.4 percent over a year ago to 659,372 total units; 379,698 air conditioners and 216,003 heat pumps were shipped.
The full press release is available on the AHRI website here.
Below is a graph showing the history of total 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, contact info@SteelMarketUpdate.com.
Brett Linton
Read more from Brett LintonLatest in Steel Markets
Housing starts slide in August, but interest rate cut should help
Housing starts slowed in the US in August as affordability challenges and cautious builder sentiment weighed on new construction activity.
Trading firms Mercuria and Tata International partner in joint venture
Geneva-based global commodities trader Mercuria is set to acquire a majority stake in Tata International, according to a report in India's Economic Times.
Glenfarne Alaska LNG and POSCO ink preliminary partnership
Glenfarne Alaska LNG and POSCO signed a preliminary strategic agreement during the GasTech Conference in Milan on Thursday.
Steel export volumes remain weak through July
Following a 3% decline in June, the amount of steel shipped outside of the US edged up 1% in July to 623,000 short tons. July was the sixth-lowest monthly export rate since the COVID-19 pandemic, and...
Hot-rolled market participants say ‘doldrums’ to roll on through year-end
Participants in the hot-rolled steel sheet market expect the market to remain subdued through the end of the year.