Steel Products Prices North America

AISI: February Steel Shipments up 7.4% vs ‘21

Written by David Schollaert

April 12, 2022

US steel mills shipped 7.233 million net tons in February, a 7.4% increase from the same month last year when shipments totaled 6.753 million net tons, the American Iron & Steel Institute (AISI) said.

But while shipments were up year over year, they were down 6.8% from January.

Shipments by US steelmakers year-to-date through February totaled 14.990 million net tons, a 5.9% gain versus 2021 shipments of 14.156 million net tons.

Cold-rolled sheet shipments declined 4%, while corrosion-resistant sheet and strip, and  hot-rolled sheet both grew 3% compared with the prior year, AISI said.

By David Schollaert, David@SteelMarketUpdate.com

David Schollaert

David Schollaert is a senior analyst for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. Based in CRU’s Pittsburgh office, David can be reached at david@steelmarketupdate.com or 724-720-1008.

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