The American Iron and Steel Institute (AISI) announced the release of its 2020 Annual Statistical Report (ASR), which provides comprehensive data on the American steel industry and select data on the North American steel industry as a whole.

 

“The steel industry remains a key focus of national and international policy, and AISI’s data continues to be a key resource,” said AISI President and CEO, Kevin Dempsey. “Our Annual Statistical Report (ASR) remains the industry standard for reporting on the steel market in the United States. I encourage anyone who is interested in steel industry data to purchase a copy.”

 

The report highlights that, in 2020, shipments from domestic steel mills measured 81.0 million net tons (NT), down 15.8 percent from the previous year. U.S. raw steel production was 80.2 million net tons in 2020, a 17.1 percent decrease from 2019. The report also shows that steel imports into the United States fell for the third year in a row. Total steel imports decreased 21 percent in 2020 compared to the previous year, while finished steel imports decreased 23 percent over the same period and captured an 18 percent 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 U.S. steel products.