Industry snapshot: shipments are on the rise while imports are down, according to AISI reports.
According to a report published by the American Iron and Steel Institute (AISI), during the month of January 2019 US steel mills shipped 8,079,757 net tons of material. This represents a 3.5 percent increase from the 7,804,093 net tons of steel that shipped in December 2018, and an increase of 5.8 percent from the 7,636,321 net tons that shipped during this month last year.
The comparison between January 2019 shipments and those of December 2018 reveals that cold rolled sheet shipments rose by 7 percent, hot dipped galvanized sheet and strip increased by 5 percent, and hot rolled sheets were also up by 3 percent.
In addition, based on final Census Bureau data, AISI reported that the US imported a total of 1,898,000 net tons of steel during December 2018, of which 1,679,000 net tons were finished steel. Both measurements are down 20.4 and 12.6 percent, respectively) compared to November 2018 final data.
When considering 2018 overall, AISI reports that total and finished steel imports are 33,731,000 and 15,694,000 net tons. Both represent a decrease of 11.5 and 13.1 percent, respectively, when compared to 2017 data.← Back To News