Metals
The American Iron and Steel Institute (AISI) reported that for the month of November 2022, U.S. steel mills shipped 6,938,520 net tons, a 12.1 percent decrease from the 7,893,990 net tons shipped in November 2021. Shipments were down 3.8 percent from the 7,210,301 net tons shipped in the previous month, October 2022. Shipments year-to-date in 2022 are 82,613,742 net tons, down 4.9 percent vs. 2021 shipments of 86,848,042 net tons for 11 months.
A comparison of shipments year-to-date in 2022 to the first eleven months of 2021 shows the following changes: corrosion resistant sheet and strip, down 9 percent, hot rolled sheet, down 9 percent and cold rolled sheet, down 14 percent.
Published in the February 2023 Edition