The American Iron & Steel Institute has released its 2021 Annual Statistical Report. The report highlights that, in 2021, shipments from domestic steel mills measured 94.7 million net tons, up 17% YoY while raw steel production was 94.6 million net tons, up 18% YoYThe report also shows that steel imports into the United States increased for the first time in four years. Total steel imports increased 43% YoY in 2021, while finished steel imports increased 41% YoY & captured a 21% 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 US-produced steel products.The AISI ASR report is the most comprehensive reference of its kind, providing extensive coverage of the American steel industry and selected statistical data on the Canadian, Mexican and global steel industries.
The American Iron & Steel Institute has released its 2021 Annual Statistical Report. The report highlights that, in 2021, shipments from domestic steel mills measured 94.7 million net tons, up 17% YoY while raw steel production was 94.6 million net tons, up 18% YoYThe report also shows that steel imports into the United States increased for the first time in four years. Total steel imports increased 43% YoY in 2021, while finished steel imports increased 41% YoY & captured a 21% 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 US-produced steel products.The AISI ASR report is the most comprehensive reference of its kind, providing extensive coverage of the American steel industry and selected statistical data on the Canadian, Mexican and global steel industries.