AISI Releases Annual Statistical Report for 2023

Washington, D.C. –The American Iron and Steel Institute (AISI) today announced the release of its 2023 Annual Statistical Report (ASR), which provides comprehensive data on the American steel industry and select data on the North American steel industry as a whole.

“I am proud to introduce this year’s Annual Statistical Report,” said AISI President and CEO, Kevin Dempsey. “The ASR is the ultimate tool for staying ahead of the curve in the ever-evolving steel industry. Packed with comprehensive statistical analyses, this report is the go-to resource for all things steel-related. AISI’s ASR is essential for gaining valuable insights and I highly recommend this crucial resource.”

The report highlights that, in 2023, shipments from domestic steel mills measured 89.3 million net tons (NT), essentially unchanged from the previous year. U.S. raw steel production was 89.7 million net tons in 2023, a 1.1 percent increase from 2022. The report also shows that total steel imports into the United States decreased by 8.7 percent in 2023 compared to the previous year, while finished steel imports decreased by 14.1 percent over the same period and captured a 21 percent share of apparent steel consumption. The report also notes that the construction and automotive industries continued as the leading end-use markets for shipments of U.S. steel products.

The AISI ASR report is the most comprehensive reference of its kind, providing extensive coverage of the American steel industry and selected statistical data on the Canadian, Mexican and world steel industries. It features dozens of charts and graphs, including selected statistical highlights on shipments, apparent supply, imports, employment and raw steel data over a 10-year period; selected financial highlights; shipments by products and markets over a 10-year period; raw steel production (including selected state-level production data) and capability utilization; and detailed imports and exports data.

A copy of the 2023 Annual Statistical Report can be purchased by visiting the Platts Steel Data and Analysis website or by calling 1-800-PLATTS-8.

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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.