Steel Products

AISI: US steel shipments decline in February
Written by David Schollaert
April 3, 2025
Domestic steel shipments decreased month over month and year on year in February, according to the latest data from the American Iron and Steel Institute (AISI).
US steel mills shipped 7,035,936 short tons (st) in February, down 0.9% from 7,097,512 st in February 2024 and 5.4% below the 7,435,458 st in January 2025.
Year-to-date (YTD) through February, shipments stood at 14,471,991 st, nearly flat from 14,481,866 st the previous year.
Comparing YTD 2025 shipments to the first two months of 2024 shows: cold-rolled sheet, up 3%; corrosion-resistant sheet, down 3%; and hot-rolled sheet, down 6%.

David Schollaert
Read more from David SchollaertLatest in Steel Products

Nucor drops HR spot price to $865/ton
Nucor has lowered its hot-rolled (HR) spot price by another $10 per short ton (st) this week.

SMU Week in Review: Aug. 11-15
With so much happening in the news cycle, we want to make it easier for you to keep track of it all. Here are highlights of what’s happened this week and a few things to keep an eye on.

Active rig count holds in US but grows in Canada
Oil and gas drilling in the US was unchanged this past week following three straight weeks of declining activity. Canada saw another gain, reaching a 22-week high.

Hot-rolled spot market conditions linger, prices slip
Market participants said they have high hopes that the stable hot-rolled spot market will improve as the year rolls on.

Welspun Tubular makes $150M investment in Arkansas line pipe mill
Line pipe manufacturer Welspun Tubular LLC has announced a $150-million expansion project at its site in Little Rock, Ark.