US March Steel Shipments Up 3.4 Percent From Prior Month
May 07, 2024 02:03:39 PM
The American Iron and Steel Institute (AISI) reported today that for the month of March 2024, U.S. steel mills shipped 7,338,349 net tons, a 5.7 percent decrease from the 7,779,430 net tons shipped in March 2023. Shipments were up 3.4 percent from the 7,097,512 net tons shipped in the previous month, February 2024. Shipments year-to-date in 2024 are 21,820,310 net tons, down 3.6% vs. 2023 shipments of 22,638,542 net tons for three months.
A comparison of shipments year-to-date in 2024 to the first three months of 2023 shows the following changes: cold rolled sheet, up 4 percent, corrosion resistant steel, down 3 percent and hot rolled steel, down 3 percent.
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Steel Export Market Prices
| Material | Price | Change |
|---|---|---|
| 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 |