Heating and cooling equipment shipments rebound in February

Heating and cooling equipment shipments recovered in February, surging 17% from January, according to the latest data released by the Air-Conditioning, Heating, and Refrigeration Institute (AHRI).

This marks the best shipment rate since August, and a notable recovery after shipments tumbled to one of the lowest totals recorded in nearly a decade the prior month. It’s a positive sign, given that historically, shipments are strongest in the early summer months and weakest around the turn of the year, primarily due to seasonal air conditioner and heat pump volumes.

David Schollaert

David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

David Schollaert

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