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
US CR tags ease, premium over imports still high
Offshore cold-rolled (CR) coil prices remain much less expensive than domestic product, even as domestic prices have slipped to a six-month low, according to SMU’s latest check of the market.
Steel imports strengthen through April licenses
March 2024 represents the third highest monthly steel import rate seen over the prior year.
Active rig counts mixed entering May
Drilling activity declined in the US but increased in Canada, according to the latest data from Baker Hughes.
AISI: US steel shipments slip y/y in March
US steel mill shipments dropped in March on-year but were up from February, according to the most recent figures from the American Iron and Steel Institute (AISI).
Northwest Pipe profits soar in first quarter
Northwest Pipe’s profits more than doubled in the first quarter on-year, as the company expects a strong remainder of the year in both its steel pressure pipe and precast segments.