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    February 12, 2019

    November Apparent Steel Supply Remains Above 9 Million Tons

    Written by Brett Linton

    November apparent steel supply was calculated at 9,140,649 net tons, according to data released late last week. Apparent steel supply is determined by adding domestic steel shipments and finished U.S. steel imports, then subtracting total U.S. steel exports.

    November apparent steel supply saw a 417,102 ton or 4.8 percent increase compared to the same month one year ago. This change was primarily due to an increase in domestic shipments of 412,146 tons or 5.6 percent. A decrease in finished imports of 261,890 tons or 12.0 percent was neutralized by a decrease in total exports of 266,846 tons or 30.2 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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