AISI Releases Annual Statistical Report For 2024

Washington, D.C. –The American Iron and Steel Institute (AISI) today announced the release of its 2024 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 release this year’s Annual Statistical Report,” stated Kevin Dempsey, President and CEO of AISI. “The ASR serves as a crucial instrument for staying informed in the ever-evolving steel industry. This report, which encompasses comprehensive statistical analyses, is the definitive resource for all matters pertaining to steel. The insights provided by AISI’s ASR are invaluable.” 

The report highlights that, in 2024, shipments from domestic steel mills measured 87 million net tons (NT), down three percent from the previous year. U.S. raw steel production was 88 million net tons in 2024, a two percent decrease from 2023. The report also shows that total steel imports into the United States increased by three percent in 2024 compared to the previous year, while finished steel imports increased by four percent over the same period and captured a 22 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 2024 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: Sarah Bryant Burns

202.452.7116 / sburns@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, steel pipe and tube manufacturers and steel processors and fabricators, reflecting the production and distribution of both carbon and stainless steels. These steels are critical to America’s national and economic security, including roads and bridges, buildings, the electrical grid, cars and trucks and all clean energy technologies. AISI also represents 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.