The American Iron and Steel Institute (AISI) has reported that in the month of October 2024 US steel mills shipped 6,987,092 net tons, a 4.9 percent decrease from the 7,346,373 net tons shipped in October 2023.
Shipments were down 1.4 percent from the 7,083,141 net tons shipped in the previous month, September.
Shipments year-to-date in 2024 are 72,283,207 net tons, down 3.7 percent compared to shipments of 75,080,374 net tons in the first ten months of 2023.
A comparison of shipments year-to-date in 2024 to the first ten months of 2023 shows the following changes: cold rolled sheet, up four percent; corrosion-resistant steel, unchanged; and hot rolled steel, down six percent.