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    February 10, 2017

    2016 Apparent Steel Supply Down 4.2 Percent Over 2015

    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 December 2016 was 8,622,171 net tons. Apparent steel supply is calculated by adding domestic steel shipments and finished US steel imports, then subtracting total US steel exports.

    December apparent steel supply represents a 743,511 ton or 9.4 percent increase compared to the same month one year ago when apparent steel supply was 7,878,660 tons. The majority of this change came from an increase in domestic shipments, which were up 9.4 percent or 616,903 tons. Finished imports also increased month over month, by 6.2 percent or 127,736 tons. Total exports rose 0.2 percent or 1,128 tons, slightly negating the rise in apparent steel supply.

    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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