The American Iron and Steel Institute (AISI) reported today that for the month of May 2023, US steel mills shipped 7,721,633 net tons, a 2.4 percent decrease from the 7,910,730 net tons shipped in May 2022. Shipments were up 3.0 percent from the 7,499,979 net tons shipped in the previous month, April 2023.
Shipments year-to-date in 2023 are 36,660,154 net tons, down 4.4 percent compared to 2022 shipments of 38,366,809 net tons for five months.
A comparison of shipments year-to-date in 2023 to the first five months of 2022 shows the following changes: hot rolled sheet, no change; cold rolled sheet, down 2 percent; and corrosion resistant sheet, down 4 percent.