Steel Markets
AHRI: Shipments Decline After Two Months of Increases
Written by Becca Moczygemba
June 9, 2023
US heating and cooling equipment shipments saw a drop in April from the previous month and year over year, according to the most recent data released from the Air Conditioning, Heating, and Refrigeration Institute (AHRI).
Total shipments in April were 1.74 million units, compared to 2.03 million units in March. Shipments were down 14% month over month (MoM), and down 16% year over year (YoY). This April drop follows two months of increases.
On a 12-month moving average (12MMA) basis, shipments were down to 1.86 million units per month compared to 2.03 million units in April 2022.
As shown in the chart below, total heating and cooling shipments on a three-month moving average (3MMA) basis through April were down 12% compared with the same period last year.
Residential and commercial storage water heater shipments decreased 4% YoY to a combined 778,156 units in April, but increased MoM from 882,119 units.
April shipments of warm air furnaces totaled 250,557 units, a decrease of 7% compared to March, but down 22% from a year earlier.
Central air conditioners and air-source heat pump shipments were down 19% MoM and dropped by 16% YoY. Units shipped in April totaled 712,049. When broken down by product, 418,975 air conditioners and 293,074 heat pumps were shipped, respectively.
The full press release from which this data comes from is available on the AHRI website.
An interactive history of heating and cooling equipment shipment data is available on our website. If you need assistance logging in to or navigating the website, please contact us at info@steelmarketupdate.com.
By Becca Moczygemba, becca@steelmarketupdate.com
Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Markets
Still no cure for the summertime HR market blues
Seasonal steel slowdowns combined with ongoing anxieties about tariffs and mill strategies have dampened sentiment for several hot-rolled steel market participants this week. Buyers are jittery, market stands still The operator of a Midwest-based service center said that steel buyers are scared. “Everyone is afraid to buy steel right now. Unless you’re on a […]
SSAB Americas reports higher Q2 production and shipments
Despite improved operating results, SSAB Americas' second-quarter and H1’25 profits fell short of those of last year.
Global steel production slips in June
The total volume of raw steel produced around the globe fell by 5% from May to June, according to recent data published by the World Steel Association (worldsteel).
Market sentiment shows improvement: PMA Business Conditions Report
Metalforming manufacturers say they’re more confident that near-term economic conditions are improving
Galvanized steel prices and demand remain stagnant in July: HARDI
Galvanized steel prices ping-ponged in the $50/hundredweight range during the month of July, settling in at roughly the same position as in June.