Steel Markets
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/media/k2/items/src/b4a7074fed080d54674d5fc9359c72e4.jpg)
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
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/04/becca-moczygemba-150x150.png)
Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Markets
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/GrafTech.jpg)
GrafTech’s Q2 loss widens in ‘challenging’ business environment
GrafTech cited a “challenging” part of the business cycle as its net loss widened in the second quarter.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/07/CRU-Logo-2023-07-21-at-4.35.41-PM.png)
CRU: Poor steel margins continue to push down raw material prices
Both iron ore and coking coal prices fell this week because of resistance from buyers. Iron ore prices have continued to fall throughout the past week, following sharp declines in steel prices in China, given no new policy announcement from the ‘Third Plenum’ meeting.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2024/06/canacero-logo.png)
Op-Ed: The myth of the Mexican steel surge
We have heard ominous warnings about a flood of Mexican steel threatening the US market. It's the kind of rhetoric that gets thrown around often with little regard for the facts. The reality is that the Mexican steel surge is simply not happening, and the US steel industry has consistently maintained a significant trade surplus in finished products with Mexico. In 2023 alone, this surplus exceeded $3 billion.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/07/CRU-Logo-2023-07-21-at-4.35.41-PM.png)
CRU: Demand weakness continues to weigh on global sheet markets
Demand has remained persistently weak across the globe for sheet steel, weighing on prices. US HR coil prices fell the furthest this week as high-volume, low-priced deals were transacted as mills looked to fill order books and competed with one another amid relative demand weakness. Meanwhile, European prices were also down due to low demand […]
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/graph_up_arrow.png)
Influx of coated products fuels recent import surge
Steel imports fell back in May from April’s recent high but remained elevated compared to the levels seen over the past year. A deeper dive into the data confirms what SMU has been hearing from sources: Coated sheet is driving the recent rise in overall import levels.