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The American Iron and Steel Institute (AISI) released its 2021 Annual Statistical Report (ASR), which provides comprehensive data on the American steel industry and select data on the North American steel industry as a whole.

 

The report highlights that, in 2021, shipments from domestic steel mills measured 94.7 million net tons (NT), up 16.9 percent from the previous year. U.S. raw steel production was 94.6 million net tons in 2021, an 18 percent increase from 2020. The report also shows that steel imports into the United States increased for the first time in four years. Total steel imports increased 42.9 percent in 2021 compared to the previous year, while finished steel imports increased 41 percent over the same period and captured a 21 percent share of apparent steel consumption.  The report also notes that the construction and automotive industries continued as the leading end-use markets for shipments of U.S.-produced steel products. (AISI)