Steel Markets

July Heating and Cooling Equipment Shipments Steady
Written by Brett Linton
September 6, 2019
July heating and cooling equipment shipments came in at 1.81 million units for the month, up 0.4 percent over the same month one year ago, according to data recently released by the Air-Conditioning, Heating, and Refrigeration Institute (AHRI). This is the first month that total monthly equipment shipments have increased on a year-over-year basis since March 2019.
Residential and commercial storage water heater shipments rose 2.2 percent year over year to a combined 660,917 units; 643,348 units were shipped for residential use and 17,569 units for commercial use. Prior to July, water heater shipments had declined for five consecutive months on a year-over-year basis.
Shipments of warm air furnaces totaled 241,122 units in July, down 9.2 percent compared to the same month last year. Prior to this month, warm air furnace shipments had increased on a year-over-year basis for five consecutive months.
Central air conditioners and air-source heat pump shipments rose 2.0 percent over a year ago to 909,164 total units; 613,974 air conditioners and 295,190 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

AISI: Raw steel production bounces back
Domestic mill production rebounded last week, according to the latest production figures released by the American Iron and Steel Institute (AISI). Production had been historically strong over the summer months before softening in early October.

US sets Section 232 tariffs on trucks and buses
Medium- and heavy-duty trucks (MHDV) and buses imported to the US will start being charged Section 232 tariffs beginning Nov. 1.

Hot-rolled sources say demand continues to dwindle, prices feel arbitrary
Genuine demand, they stated, will return when the market feels stable again.

FabArc Steel Supply completes projects in Mississippi, Georgia
FabArc Steel Supply announced this week the completion of two large-scale projects in Georgia and Mississippi.

Thin demand keeps plate prices hovering at lowest levels since February
Participants in the domestic plate market say spot prices appear to have hit the floor, and they continue to linger there. They say demand for steel remains thin, with plate products no exception.