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AISI publishes annual steel industry statistics report for 2022

The American Iron and Steel Institute (AISI) recently released its Annual Statistical Report (ASR) for 2022. This comprehensive report provides detailed data on the steel industry in the United States, as well as some insights into the North American steel sector.

AISI publishes annual steel industry statistics report for 2022

The report includes a wealth of charts and graphs, presenting statistical highlights on shipments, apparent supply, imports, employment, and raw steel data spanning a 10-year period.

Selected financial highlights, shipments by products and markets over a decade, raw steel production (including state-level production data), capability utilization, and detailed import and export figures.

The report presents key findings for 2022, indicating a 5.5 percent decrease in shipments from domestic steel mills compared to the previous year, totaling 89.5 million net tons (NT). Moreover, U.S. raw steel production experienced a decline of 6.2 percent from 2021, reaching 94.7 million net tons. Notably, total steel imports into the United States declined by 2.0 percent in 2022, while finished steel imports rose by 11.0 percent during the same period, capturing a 24 percent share of apparent steel consumption. The construction and automotive industries maintained their positions as the primary end-use markets for U.S. steel products.

According to Kevin Dempsey, President and CEO of AISI, the ASR remains a cutting-edge resource that keeps up with the ever-evolving steel industry. He highly recommends it as an essential tool for anyone interested in steel industry data.

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