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    April Apparent Steel Supply Down 7.2% Over One Year Ago

    Written by Brett Linton


    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 April 2015 was 9,212,032 net tons. Apparent steel supply is calculated by adding domestic steel shipments and finished US steel imports and subtracting total US steel exports.

    April supply represents a 713,255 ton or 7.2 percent decrease compared to the same month one year ago. This is attributed to a 1,147,232 ton or 13.9 percent decline in domestic shipments, and a decline in total exports of 235,353 tons or 21.8 percent. Finished imports increased 198,624 tons or 7.2 percent over levels one year ago. The net trade balance between imports and exports was a surplus of 2,656,967 tons in April 2015, 1,337 tons less than that of April 2014.

    Brett Linton

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