The American Iron and Steel Institute (AISI) reported that for the month of May 2024, U.S. steel mills shipped 7,431,201 net tons, a 3.8 percent decrease from the 7,721,633 net tons shipped in May 2023. Shipments were up 1.0 percent from the 7,356,130 net tons shipped in the previous month, April 2024. Shipments year-to-date in 2024 are 36,607,546 net tons, down 3.3 percent vs. 2023 shipments of 37,860,154 net tons for five months.
A comparison of shipments year-to-date in 2024 to the first five months of 2023 shows the following changes: cold rolled sheet, up 4 percent, corrosion resistant steel, down 2 percent and hot rolled steel, down 2 percent.
