April Apparent Steel Supply Down 6.3% Over March, Down 0.9% YOY

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 April 2016 was 8,634,917 net tons. Apparent steel supply is calculated by adding domestic steel shipments and finished US steel imports, then subtracting total US steel exports.

April apparent steel supply represents a 577,115 ton or 6.3 percent decrease compared to the same month one year ago when apparent steel supply was 9,212,032 tons. This is primarily attributed to a 918,414 ton or 30.9 percent decline in finished U.S. steel imports, and negated by an increase in domestic shipments of 291,466 tons or 4.1 percent and a decrease in total U.S. steel exports of 49,833 tons or 5.9 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.