May Steel Shipments Up 1.0 Percent From Prior Month

Down 3.3 Percent YTD in 2024 from Same Period in 2023

WASHINGTON, D.C. - The American Iron and Steel Institute (AISI) reported today that for the month of May 2024, U.S. steel mills shipped 7,431,201 net tons, a 3.8 percent decrease from the 7,721,633 net tons shipped in May 2023. Shipments were up 1.0 percent from the 7,356,130 net tons shipped in the previous month, April 2024. Shipments year-to-date in 2024 are 36,607,546 net tons, down 3.3% vs. 2023 shipments of 37,860,154 net tons for five months.

A comparison of shipments year-to-date in 2024 to the first five months of 2023 shows the following changes: cold rolled sheet, up 4 percent, corrosion resistant steel, down 2 percent and hot rolled steel, down 2 percent.

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Contact: Lisa Harrison

202.452.7115 / [email protected]

AISI serves as the voice of the American steel industry in the public policy arena and advances the case for steel in the marketplace as the preferred material of choice. AISI's membership is comprisedof integrated and electric arc furnace (EAF) steelmakers reflecting the production of both carbon and stainless steels which are critical to the everyday lives of all Americans - including national security, roads and bridges, the electrical grid, clean energy technologies and the automotive market. AISI also representsnearly 80associate members who are suppliers to or customers of the steel industry. For more news about steel and its applications, view AISI's website at www.steel.org. Follow AISI on Facebook, LinkedIn, Twitter(@AISISteel) or Instagram.