Steel Mills

AISI: US steel shipments slip in October
Written by Ethan Bernard
December 5, 2024
Domestic steel shipments in October declined from the previous month and from a year earlier.
US mills shipped 6,987,092 short tons (st) of steel in October. That’s off 1.4% from 7,083,141 st in September, according to the latest data from the American Iron and Steel Institute (AISI). It’s also a 4.9% decline from 7,346,373 st in October 2023.
Year-to-date (YTD) shipments through October totaled 72,283,207 st, a 3.7% decrease from 75,080,374 st in the same period a year earlier.
Comparing YTD shipments for the first 10 months of 2024 vs. 2023 shows cold-rolled sheet, up 4%; corrosion-resistant steel, unchanged; and hot-rolled steel, down 6%.
Ethan Bernard
Read more from Ethan BernardLatest in Steel Mills
Nucor profits jump in Q3, but company cautions on Q4 outlook sequentially
Nucor’s profits more than doubled in the third quarter year over year, but the company expects Q4’25 to be lower sequentially.
SDI announces proprietary low-carbon EDGE products
Steel Dynamics has announced lower-embodied-carbon steel products BIOEDGE and EDGE, and expects “immediate interest” from several markets for some of the offerings.
Wheeling-Nippon Steel raises Galvalume coating extras
The steelmaker released updated extras to customers on Oct. 15, marking the second adjustment in just six weeks following their early September revision
Cliffs offloading some FPT assets, considering HBI plant sale as well
Lourenco Goncalves confirmed that Cleveland-Cliffs is actively selling off portions of its Ferrous Processing and Trading (FPT) assets. Its direct reduction plant in Toledo, Ohio, may also be up for grabs...
SSAB cites US strength but flags tariff-driven uncertainty
The Americas segment of Swedish steelmaker SSAB delivered a stable third quarter, but with weaker shipments and continuing cautious demand. Plate prices held, but tariffs, slowing end-user demand, and...
