September Shipments and Supply of Steel Products Analysis

Total US mill shipments of steel products were down in September, falling to their lowest total year-to-date (YTD). Mill shipments have been fluctuating up and down all year with little consistency. September’s shipments totaled 7.58 million tons, a 7.2% decline from August’s 8.18 million tons, and the lowest total since February 2021. Apparent supply also saw a month-on-month (MoM) decline in September, down 8% versus the prior month.

This analysis is based on steel mill shipment data from the American Iron and Steel Institute (AISI) and import-export data from the US Department of Commerce (DOC). The analysis summarizes total steel supply by product from 2009 through September 2022 and year-on-year (YoY) changes.

David Schollaert

David Schollaert is deputy editor-in-chief 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. He can be contacted at david@steelmarketupdate.com or 724-720-1008.