Steel Products
AHRI: Shipments Rise in June
Written by Becca Moczygemba
August 13, 2023
Domestic heating and cooling equipment shipments were up in June, according to newly released data from the Air Conditioning, Heating, and Refrigeration Institute (AHRI).
Total shipments in June were 2.02 million units, compared to 1.97 million in May. Shipments were up 3% month over month (MoM), driven primarily by a boost in shipments of warm air furnaces and central air conditioners and air-source heat pumps. Despite the gain, total shipments were still down 10% year over year (YoY).
On a 12-month moving average (12MMA) basis, however, shipments were moderately lower at 1.82 million units per month vs. 2.02 million units in June 2022.
As shown in the chart below, total heating and cooling shipments on a three-month moving average (3MMA) basis through June were down 10% compared with the same period last year. The 3MMA basis has declined every month in 2023, with April seeing the largest decline at 12%.
Residential and commercial storage water heater shipments decreased 4% MoM to a combined 781,797 units, but increased 11% YoY from 701,735 units.
June shipments of warm air furnaces totaled 263,938 units, a 6% increase compared to May.
Central air conditioners and air-source heat pump shipments were up 8% MoM but dropped by 14% YoY. A total of 598,766 air conditioner units and 379,895 heat pump units were shipped in June.
The full press release of this data 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.
Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Products
SMU Community Chat replay now available
The latest SMU Community Chat webinar reply is now available on our website to all members. After logging in at steelmarketupdate.com, visit the community tab and look under the “previous webinars” section of the dropdown menu. All past Community Chat webinars are also available under that selection. If you need help accessing the webinar replay, or if your company […]
SSAB announces $74M expansion in Alabama
The project will expand heat treat capacity at its Axis, Alabama plant
Service centers: Mill orders retreat in March
SMU’s Mill Order Index declined in March after repeated gains at the start of the year, according to our latest service center inventories data.
Nucor maintains plate prices
Nucor aims to keep plate prices flat with the opening of its June order book.
US rig count up, Canada declines
Oil and gas drilling activity was mixed this week, according to Baker Hughes. US rig counts expanded for a second straight week, while Canadian activity continued its seasonal slowdown of eight consecutive weeks.