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    June 9, 2018

    April Apparent Steel Supply Remains Strong

    Written by Brett Linton

    April apparent steel supply fell 1.1 percent over March to 9,829,298 net tons, according to the data released late last week. Although down this month, supply remains strong in comparison to the last three years or so. Apparent steel supply is calculated by adding domestic steel shipments and finished U.S. steel imports, then subtracting total U.S. steel exports.

    April apparent steel supply saw a 697,230 ton or 7.6 percent increase compared to the same month one year ago. This change was primarily due to an increase in domestic shipments of 370,246 tons or 5.0 percent and a rise in finished imports of 330,406 tons or 12.9 percent. A 3,423 ton or 0.4 percent increase in exports slightly 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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