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    September 9, 2017

    July Apparent Steel Supply Remains High

    Written by Brett Linton

    Apparent steel supply for the month of July totaled 9,570,118 net tons, according to the latest data from the U.S. Department of Commerce and the American Iron and Steel Institute. Apparent steel supply is calculated by adding domestic steel shipments and finished U.S. steel imports, then subtracting total U.S. steel exports.

    July apparent steel supply represents a 474,733 ton or 5.2 percent increase compared to the same month one year ago. The majority of this change came from an increase in finished imports, increasing 415,606 tons or 16.8 percent. Domestic shipments were relatively flat, up 127,543 tons or 1.7 percent. Total exports lessened the overall rise in apparent steel supply as they rose 68,416 or 9.3 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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