AISI: US steel shipments slip in October

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

Ethan Bernard is managing 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.

Ethan Bernard

Latest in Market Segment

Leibowitz: What happens if the Supreme Court rules against Trump’s IEEPA tariffs?

Heating and cooling equipment shipments weakened through September

US legal, political issues rattle steel and manufacturing markets

ArcelorMittal exec upbeat on N. America

Steel Dynamics promotes Bell to lead OmniSource recycling ops