Steel Markets

AISI: November steel shipments rise on-year but slip from October
Written by Ethan Bernard
January 9, 2024
Domestic steel mill shipments increased in November vs. a year earlier, but fell month over month.
US mills shipped 7,175,177 net tons in November, a year-over-year increase of 4.1% from 6,892,343 tons, according to the most recent data from the American Iron and Steel Institute (AISI). However, this was off 2.3% from 7,346,373 tons in October.
Year-to-date shipments through the first 11 months of 2023 stood at 82,255,551 tons, a drop of 0.4% from 82,567,565 tons in the same period in 2022, AISI said.
Comparing YTD 2023 vs. the first 11 months of 2022 shows the following changes: hot-rolled sheet, up 13%; cold-rolled sheet, up 3%; and corrosion-resistant sheet, up 1%.

Ethan Bernard
Read more from Ethan BernardLatest in Steel Markets

Still no cure for the summertime HR market blues
Seasonal steel slowdowns combined with ongoing anxieties about tariffs and mill strategies have dampened sentiment for several hot-rolled steel market participants this week. Buyers are jittery, market stands still The operator of a Midwest-based service center said that steel buyers are scared. “Everyone is afraid to buy steel right now. Unless you’re on a […]

SSAB Americas reports higher Q2 production and shipments
Despite improved operating results, SSAB Americas' second-quarter and H1’25 profits fell short of those of last year.

Global steel production slips in June
The total volume of raw steel produced around the globe fell by 5% from May to June, according to recent data published by the World Steel Association (worldsteel).
Market sentiment shows improvement: PMA Business Conditions Report
Metalforming manufacturers say they’re more confident that near-term economic conditions are improving

Galvanized steel prices and demand remain stagnant in July: HARDI
Galvanized steel prices ping-ponged in the $50/hundredweight range during the month of July, settling in at roughly the same position as in June.