Steel Markets

AISI: November steel shipments rise on-year but slip from October

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

Ethan Bernard is a reporter and editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA. in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.