The American Iron and Steel Institute (AISI) reported that for the month of November 2024, U.S. steel mills shipped 6,702,557 net tons, a 6.6 percent decrease from the 7,175,177 net tons shipped in November 2023. Shipments were down 4.1 percent from the 6,987,092 net tons shipped in the previous month, October 2024. Shipments year-to-date in 2024 are 78,985,764 net tons, down 4.0 percent vs. 2023 shipments of 82,255,551 net tons for eleven months.
A comparison of shipments year-to-date in 2024 to the first eleven months of 2023 shows the following changes: cold rolled sheet, up 4 percent, corrosion resistant steel, unchanged and hot rolled steel, down 6 percent.
Published February 2025