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    June 7, 2014

    April Apparent Steel Supply Up 9.1%

    Written by Brett Linton

    Apparent steel supply for April was 9,925,287 net tons, the highest figure Steel Market Update has in its recorded history beginning in January 2010. April supply represents an 831,098 ton or 9.1 percent increase compared to the same month one year ago. This is primarily due to the massive spike in April imports, up 36.5 percent or nearly 1,000,000 net tons over April 2013 tonnage. Steel imports captured 27.91 percent of the total U.S. market during the month of April.

    Domestic shipments, finished imports, and total exports also increased over levels one year prior. The net trade balance between imports and exports was a surplus of 2,658,304 tons in April, an increase of 56.6 percent from the same month last year, and the highest figure in our 4+ year recorded history.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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