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.
