January Steel Shipments Up 4.3 Percent From Prior Month
March 12, 2024 01:45:08 PM
WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) reported today that for the month of January 2024, U.S. steel mills shipped 7,384,454 net tons, a 4.3 percent increase from the 7,082,921 net tons shipped in the previous month December 2023, and a 2.3 percent decrease from the 7,555,270 net tons shipped in January 2023.
A comparison of January 2024 shipments to the month of January 2023 shows the following changes: cold rolled sheet, up 8 percent, hot rolled sheet, up 4 percent and corrosion resistant sheet and strip, up 4 percent.
Steel News
- ArcelorMittal raises prices for hot-rolled coil in Europe by €30/t for April
- Nucor raised prices for hot-rolled coil to $960/t
- Steel production in China fell to a seven-year low in 2025
Steel Export Market Prices
| Material | Price | Change |
|---|---|---|
| Stainless Seamless Pipe 304 108*4 mm | $ 2196.65 | 11.34 |
| Stainless Scrap 304 Solid | $ 1296.97 | -12.95 |
| Stainless Bar 321 60 mm | $ 2197.04 | -13.10 |
| Stainless Bar 304 60 mm | $ 1956.28 | -13.25 |
| Stainless HR Coil 304/No.1 6.0 mm | $ 1902.08 | -9.39 |