U.S. Steel Shipments Spiked in December: AISI

SEATTLE (Scrap Monster): The monthly data published by the American Iron and Steel Institute (AISI) suggests notable surge in steel shipments during the month of December last year compared with the same month a year ago. On the other hand, the shipments registered modest decline over the prior month.

According to AISI data, the steel mills shipped 7.872 million net tons in December 2021. This is significantly higher by 11.7% from the shipments of 7.050 million net tons in the same month a year before. The shipments during the month recorded marginal decline by 0.3% from the previous month. It must be noted that the shipments had totalled 7.894 million net tons in the month of November 2021.

The report provides year-on-year comparison of shipment volumes of various steel products during the entire year 2021. The shipments of corrosion-resistant sheet and strip in 2021 have surged higher significantly by 18% from 2020. The shipments of cold rolled sheet surged higher by 15%, whereas those of hot rolled sheet recorded 12% year-on-year surge, AISI noted.

The cumulative shipments by U.S. domestic steel mills totalled 94.720 million net tons during the previous year. This is significantly higher by 16.9% when matched with the year before. The steel shipments by these mills had totalled 81.0 million net tons in 2020.

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