Metals
The American Iron and Steel Institute (AISI) reported that for the month of February 2023, U.S. steel mills shipped 6,917,842 net tons, a 4.4 percent decrease from the 7,232,679 net tons shipped in February 2022. Shipments were down 3.2 percent from the 7,148,270 net tons shipped in the previous month, January 2023. Shipments year-to-date in 2023 are 14,066,112 net tons, down 6.2 percent vs. 2022 shipments of 14,990,351 net tons for two months.
A comparison of shipments year-to-date in 2023 to the first two months of 2022 shows the following changes: corrosion resistant sheet and strip, down 5 percent, cold rolled sheet, down 9 percent and hot rolled sheet, down 10 percent.