March Apparent Steel Supply Down 1.8% YOY, Up 6.8% Over February

According to the latest data released from the US Department of Commerce and the American Iron and Steel Institute, apparent steel supply for the month of March 2015 is 9,575,903 net tons. Apparent steel supply is calculated by adding domestic steel shipments and finished US steel imports and subtracting total US steel exports.

March supply represents a 178,051 ton or 1.8 percent decrease compared to the same month one year ago. Although finished imports increased 745,005 tons (30.3 percent) and exports declined 143,729 tons (13.8 percent) during this period, it was all negated by a 1,066,785 ton (12.8 percent) drop in domestic shipments. The net trade balance between imports and exports was a surplus of 2,719,933 tons in March, an increase of 24.0 percent from March 2014 data.

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.