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    October 15, 2019

    Apparent Steel Supply Rises in August

    Written by Brett Linton

    August apparent steel supply rose to 9,625,558 net tons, the highest level seen since April of this year, according to data from the American Iron and Steel Institute and U.S. Department of Commerce. Apparent steel supply, a proxy for demand, is determined by adding domestic steel shipments and finished U.S. steel imports, then subtracting total U.S. steel exports.

    August apparent steel supply saw a 202,781 ton decrease (2.1 percent) compared to the same month one year ago. This change was primarily due to a decrease in finished imports, as domestic shipments and exports changed less than 1 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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