The American Iron and Steel Institute (AISI) announced the release of its 2024 Annual Statistical Report (ASR), which provides comprehensive data on the American steel industry and select data on the North American steel industry as a whole.
The report highlights that, in 2024, shipments from domestic steel mills measured 87 million net tons (NT), down three percent from the previous year. U.S. raw steel production was 88 million net tons in 2024, a two percent decrease from 2023. The report also shows that total steel imports into the U.S. increased by three percent in 2024 compared to the previous year, while finished steel imports increased by four percent over the same period and captured a 22 percent share of apparent steel consumption. The report also notes that the construction and automotive industries continued as the leading end-use markets for shipments of U.S. steel products.
The AISI ASR report is the most comprehensive reference of its kind, providing extensive coverage of the American steel industry and selected statistical data on the Canadian, Mexican and world steel industries. It features dozens of charts and graphs, including selected statistical highlights on shipments, apparent supply, imports, employment and raw steel data over a 10-year period; selected financial highlights; shipments by products and markets over a 10 year period; raw steel production (including selected state-level production data) and capability utilization; and detailed imports and exports data.
Published September 2025
