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    May 10, 2016

    March Apparent Steel Supply Down 9.0% YOY, Import Percentage Plummets

    Written by Brett Linton

    According to the latest data released from the U.S. Department of Commerce and the American Iron and Steel Institute, apparent steel supply for the month of March 2016 was 8,716,178 net tons. Apparent steel supply is calculated by adding domestic steel shipments and finished US steel imports and subtracting total US steel exports.

    March apparent steel supply represents a 859,725 ton or 9.0 percent decrease compared to the same month one year ago when apparent steel supply was 9,575,903 tons. This is primarily attributed to a 1,087,080 ton or 34.0 percent decline in finished U.S. steel imports, slightly negated by an increase in domestic shipments of 106,599 tons or 1.5 percent and a decrease in total U.S. steel exports of 120,757 tons or 13.5 percent.

    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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