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    June 14, 2022

    Apparent Steel Supply Slips 4% in April to 9.1 Million Tons

    Written by Brett Linton

    US apparent steel supply eased from March to April, declining 4% to 9.09 million net tons, according to the latest US Department of Commerce and American Iron and Steel Institute (AISI) data. Recall that supply reached a six-year high last September at 9.92 million tons, declining each month through February. Supply rebounded 14% in March to 9.51 million tons. April’s supply level is the second lowest monthly figure seen in the past year.

    Apparent steel supply, a proxy for demand, is determined by combining domestic steel mill shipments and finished US steel imports, then deducting total US steel exports.

    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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