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U.S. steel shipments increased by 9.2% y-o-y in October

U.S. steel shipments rose 9.2% y-o-y to 7.7 million tons in October.

U.S. steel shipments increased by 9.2% y-o-y in October

The American Iron and Steel Institute (AISI) reported that U.S. steel mills shipped 7,692,319 net tons in October, marking a 9.2% increase compared to the same month last year. However, this figure represents a 4.2% decrease compared to the 8,032,536 net tons shipped in September.

Total shipments for the January-October period increased by 5.1% compared to the same period last year, rising from 72,731,187 net tons to 76,425,069 net tons.

When evaluated by product, heat-resistant sheet and strip showed a 4% increase in the first quarter of 2025, while hot-rolled sheet and strip remained unchanged and cold-rolled sheet and strip experienced a 3% decline.

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