Steel Markets

AISI: December steel shipments up on-year but off from November
Written by Ethan Bernard
February 7, 2024
Domestic steel shipments in December were higher year over year but were down from the previous month, according to the latest data released by the American Iron and Steel Institute (AISI).
US steel shipments totaled 7,082,921 short tons in December, off 1.3% from the 7,175,177 st shipped in November, but up from the 6,901,567 st shipped a year earlier.
Full-year 2023 shipments were 89,338,472 st, edging down 0.1% from 2022 shipments of 89,469,132 st.
Comparing full-year 2023 shipments to 2022, AISI said hot-rolled sheet shipments increased by 14%, cold-rolled sheet by +4%, and corrosion-resistant sheet by +1%.
 
			    			
			    		Ethan Bernard
Read more from Ethan BernardLatest in Steel Markets
 
		                                Buyers say plate market rejected last round of mill hikes
Participants in the domestic steel plate market said the plate market never accepted mill-issued spot price increases.
 
		                                Cliffs touts steel stamping solution to replace aluminum in automotive
Cliffs said it successfully completed a defect-free trial production of exposed steel parts using aluminum-forming equipment in collaboration with an unnamed OEM,
 
		                                Hot-rolled market anticipates no change despite mill mark-ups
Domestic sheet market participants say recent spot price hikes from NLMK USA and Nucor will do little to shake-up stagnant market conditions. Price increases in the current market On Friday Oct. 24, NLMK customers learned that the producer’s hot- and cold-rolled prices increased $50 per short ton (st) and its coated products were $100/st higher. […]
 
		                                Market sources say regional activity is dictating plate demand
Demand for plate on the spot market remains soft by comparison to years past. However, this week regional demand variations grew more pronounced.
 
		                                AISI: Raw steel production bounces back
Domestic mill production rebounded last week, according to the latest production figures released by the American Iron and Steel Institute (AISI). Production had been historically strong over the summer months before softening in early October.
