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.

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Steel Export Market Prices

MaterialPriceChange
Stainless Seamless Pipe 304 108*4 mm$ 2196.65 11.34
Stainless Scrap 304 Solid$ 1296.97 -12.95
Stainless Bar 321 60 mm$ 2197.04 -13.10
Stainless Bar 304 60 mm$ 1956.28 -13.25
Stainless HR Coil 304/No.1 6.0 mm$ 1902.08 -9.39