Steel Products

Domestic Steel Shipments Up in June vs. Last Year: AISI
Written by Ethan Bernard
August 9, 2023
Steel shipments in the US rose year-over-year in June but decreased sequentially, according to the latest figures from the American Iron and Steel Institute (AISI).
US steel mills shipped 7,655,692 net tons in June, up 0.6% from 7,606,332 tons in June 2022, but off 0.9% from the 7,721,633 tons shipped in May, AISI said on Tuesday.
Year-to-date (YTD) shipments for the first six months of 2023 fell 3.6% to 44,315,846 net tons vs. the same period last year, according to AISI’s data.
Comparing YTD shipments this year vs. H1 2022 shows hot-rolled sheet up 3%, cold-rolled sheet down 1%, and corrosion-resistant sheet down 3%.

Ethan Bernard
Read more from Ethan BernardLatest in Steel Products

Construction Spending Up in August: AGC
Construction spending in the US increased in August, according to the Associated General Contractors of America (AGC).

USS Slates Layoffs at Granite City Works
U.S. Steel is laying off ~300 workers at its Granite City Works in Illinois, a company spokeswoman told SMU on Tuesday.

AISI: Raw Steel Production Shifts Down
US raw steel output took a downward turn during the week ending Sept. 30, according to data released by the American Iron and Steel Institute (AISI) on Monday, Oct. 2.

GM Lays Off Workers in Ohio and Indiana, Cites UAW Strike
General Motors has announced layoffs at its Parma Metal Center in Ohio and Marion Metal Center in Indiana as a result of the ongoing United Auto Workers (UAW) strike.

Rig Count Drops in the US, Inches Up in Canada
The number of active oil and gas drilling rigs in the US dropped this week while Canada’s count increased by one, said oilfield services company Baker Hughes in its weekly report.