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January 21, 2013
November Apparent Steel Supply Up 8% Y-O-Y
Written by John Packard
November apparent steel supply grew by 8 percent year-over-year to 8,468,720 tons. Imports were up by 28 percent (semi-finished being a major piece up 41.57 percent) while exports shrunk by almost 19 percent to just under 1,000,000 tons (998,040 tons).
The United States increased its imbalance as a net importer (YOY) has grown apparent steel supply by 8 percent, semi-finished by 41.57 percent but overall our import imbalance grew by 93.06 percent.
2012 Year-to-Date Average Compared to Previous Year’s Averages
