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    April 11, 2018

    February Apparent Steel Supply at 8.8 Million Tons

    Written by Brett Linton

    February apparent steel supply declined over January to 8,773,912 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.

    February apparent steel supply saw a 272,058 ton or 3.2 percent increase compared to the same month one year ago. This change was due to an increase in domestic shipments of 293,249 tons or 4.1 percent. Exports also fell 22,206 tons or 2.7 percent. A 43,397 ton or 2.1 percent decrease in finished imports lessened the overall 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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