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    November 18, 2016

    September Apparent Steel Supply at Nine Month Low

    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 September 2016 was 8,106,754 net tons. Apparent steel supply is calculated by adding domestic steel shipments and finished US steel imports, then subtracting total US steel exports.

    September apparent steel supply represents a 436,267 ton or 5.1 percent decrease compared to the same month one year ago when apparent steel supply was 8,543,021 tons. The majority of this change came from a decline domestic shipments, which were down 4.9 percent or 351,351 tons, and a decline in finished imports of 4.5 percent or 101,181 tons. Total exports declined 2.0 percent or 16,265 tons.

    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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