January Steel Shipments Up 4.3 Percent From Prior Month

WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) reported today that for the month of January 2024, U.S. steel mills shipped 7,384,454 net tons, a 4.3 percent increase from the 7,082,921 net tons shipped in the previous month December 2023, and a 2.3 percent decrease from the 7,555,270 net tons shipped in January 2023.

A comparison of January 2024 shipments to the month of January 2023 shows the following changes: cold rolled sheet, up 8 percent, hot rolled sheet, up 4 percent and corrosion resistant sheet and strip, up 4 percent.

Steel News

Steel Export Market Prices

Material Price Change
Stainless Seamless Pipe 304 108*4 mm $ 2185.31 49.05
Stainless Scrap 304 Solid $ 1309.92 -11.08
Stainless Bar 321 60 mm $ 2210.14 27.90
Stainless Bar 304 60 mm $ 1969.53 22.35
Stainless HR Coil 304/No.1 6.0 mm $ 1911.47 37.93