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    September Apparent Steel Supply Steady at 7.2 Million Tons

    Written by Brett Linton


    U.S. apparent steel supply remained flat from August to September, up 0.4 percent to 7.19 million net tons, according to the latest U.S. Department of Commerce and American Iron and Steel Institute data. While supply levels have improved each month since May, recall that April and May were the two lowest levels seen in the last 10 years at 6.54 million tons and 6.61 million tons, respectively. Apparent steel supply, a proxy for demand, is determined by combining domestic steel mill shipments and finished U.S. steel imports, then deducting total U.S. steel exports.

    Brett Linton

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    Plate supply squeeze tightens as demand presses higher

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