Steel Products
Domestic Steel Shipments Slip in September: AISI
Written by Becca Moczygemba
November 7, 2023
September shipments from American steel mills decreased vs. shipments in August, according to the latest monthly data from the American Iron and Steel Institute (AISI).
Domestic steel mills shipped 7,252,942 net tons in September, down 5.4% from the 7,663,767 tons shipped the previous month. However, September shipments increased 1.6% from the 7,140,355 tons shipped during September 2022.
Year-to-date (YTD) shipments through September totaled 66,783,001 tons, down 2.5% compared to 68,464,921 tons shipped during the same period one year ago.
Comparing YTD shipments in 2023 to the first nine months of 2022 shows the following changes: hot rolled sheet, up 7 %; corrosion-resistant sheet, down 2%; and cold-rolled sheet remains unchanged.

Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Products

Steel caucus pushes US trade officials to maintain strong S232 program
The bipartisan Congressional Steel Caucus is pushing for US officials to maintain a robust Section 232 program as they negotiate trade deals with America's trading partners.

Active rig count declines in US, Canada
Oil and gas drilling activity slowed in the US and Canada this past week. An unfamiliar trend after both regions saw repeated gains of late.

Plate market buzzes with rumors of secret deals from mills
Carbon steel plate market participants suspect that this week’s modestly softer prices are the result of quietly negotiated prices between plate purchasers and mills.

HR Futures: Forward curve shifts lower, structure maintains
Scraping lower-quartile $800s on nearby futures is bringing limited trading ideas for CME hot-rolled coil (HRC) at present.

Nucor drops HR spot price to $865/ton
Nucor has lowered its hot-rolled (HR) spot price by another $10 per short ton (st) this week.