The American Iron and Steel Institute (AISI) reported that for the month of May 2023, U.S. steel mills shipped 7,721,633 net tons, a 2.4 percent decrease from the 7,910,730 net tons shipped in May 2022.
Shipments were up 3.0 percent from the 7,499,979 net tons shipped in the previous month, April 2023. Shipments year-to-date in 2023 are 36,660,154 net tons, down 4.4 percent vs. 2022 shipments of 38,366,809 net tons for five months.
A comparison of shipments year-to-date in 2023 to the first five months of 2022 showed the following changes: hot rolled sheet, no change, cold rolled sheet, down two percent and corrosion resistant sheet, down four percent.
