AISI: U.S. Steel Shipments Dipped in November

Between January and November of 2023, these mills shipped 82.256 million net tons of steel.

SEATTLE (Scrap Monster): Steel shipments in November of this year were somewhat lower than those in the same month last year, according to monthly data from the American Iron and Steel Institute (AISI). Shipments also decreased compared to the prior month.

According to AISI data, the steel mills shipped 6.702 million net tons in November 2024. This is a 6.6% drop from previous year's shipments of 7.175 million net tons in the same month. Shipments also slightly decreased throughout the month, falling 4.10% from the previous month. It should be noted that there were 6.987 million net tons of shipments in October of this year.

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The United States' domestic steel mills shipped a total of 78.986 million net tons over the first eleven months of the year. This indicates a slight decline of 4.0% from the same time previous year. In 2023, these mills shipped 82.256 million net tons of steel between January and November.

The first eleven months of 2024's shipment quantities of various steel products are compared from year to year in this report. Exports of corrosion-resistant sheet remained stable throughout this period in comparison to the previous year. Shipments of hot rolled sheets fell by 5%. On the other hand, cold rolled sheet shipments rose 4% year over year in comparison to the first eleven months of 2023, according to AISI.