February Steel Shipments Down 3.9 Percent From Prior Month

WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) reported today that for the month of February 2024, U.S. steel mills shipped 7,097,512 net tons, a 2.8 percent decrease from the 7,303,842 net tons shipped in February 2023. Shipments were down 3.9 percent from the 7,384,454 net tons shipped in the previous month, January 2024. Shipments year-to-date in 2024 are 14,481,966 net tons, down 2.5% vs. 2023 shipments of 14,859,112 net tons for two months.

A comparison of shipments year-to-date in 2024 to the first two months of 2023 shows the following changes: cold rolled sheet, up 5 percent, corrosion resistant steel, up 1 percent and hot rolled steel, up 1 percent.

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Contact: Lisa Harrison

202.452.7115 / lharrison@steel.org

AISI serves as the voice of the American steel industry in the public policy arena and advances the case for steel in the marketplace as the preferred material of choice. AISI’s membership is comprised of integrated and electric arc furnace (EAF) steelmakers reflecting the production of both carbon and stainless steels which are critical to the everyday lives of all Americans — including national security, roads and bridges, the electrical grid, clean energy technologies and the automotive market. AISI also represents nearly 80 associate members who are suppliers to or customers of the steel industry. For more news about steel and its applications, view AISI’s website at www.steel.org. Follow AISI on Facebook, LinkedIn, Twitter (@AISISteel) or Instagram.