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Up 1.1 Percent YTD in 2022 from Same Period in 2021

The American Iron and Steel Institute (AISI) reported that for the month of May 2022, U.S. steel mills shipped 7,910,730 net tons, a 1.0 percent decrease from the 7,987,038 net tons shipped in May 2021. Shipments were up 3.7 percent from the 7,629,985 net tons shipped in the previous month, April 2022. Shipments year-to-date in 2022 are 38,366,809 net tons, a 1.1 percent increase vs. 2021 shipments of 37,938,360 for five months.

 

A comparison of shipments year-to-date in 2022 to the first five months of 2021 shows the following changes: corrosion-resistant sheet and strip, down 1 percent, hot rolled sheet, down 4 percent, and cold rolled sheet, down 9 percent.