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    April 9, 2016

    February Apparent Steel Supply Down 7.8 Percent YOY

    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 February 2016 was 8,269,164 net tons. Apparent steel supply is calculated by adding domestic steel shipments and finished US steel imports and subtracting total US steel exports.

    February apparent steel supply represents a 699,667 ton or 7.8 percent decrease compared to the same month one year ago when apparent steel supply was 8,968,831 tons. This is primarily attributed to a 813,163 ton or 27.8 percent decline in finished US steel imports, while a decrease in total US steel exports of 99,650 tons or 11.3 percent negated the change.

    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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