Steel Product Shipments and Inventories Through September

Downstream steel product shipments continue to improve, though slower than the overall manufacturing economy. The fallout driven by the first wave of the global pandemic back in April is still evident in the data despite the steady rebound.

The Census Bureau provides monthly data on inventories, shipments and new orders for total U.S. manufacturing and for individual industries, one of which is steel products. Every two months, Steel Market Update analyzes Census data to provide a reality check for steel industry trade association data, which is most widely used to assess the state of the industry.