Steel Products
Apparent Steel Supply Increased in August
Written by Becca Moczygemba
October 23, 2023
US apparent supply increased to 8.65 million net tons in August, up 5% compared to 8.24 million tons July, according to data from the US Department of Commerce and the American Iron and Steel Institute (AISI).
Apparent steel supply is determined by combining domestic steel mill shipments and finished US steel imports, then deducting total US steel exports.

August’s apparent supply total was 327,995 tons lower than the same month one year ago, when supply was 8.98 million tons. Figure 2 shows August trade statistics year over year (YoY) for each of the past three years.

Apparent supply has varied throughout the year but was stable in August. In February, apparent supply dipped to 7.5 million tons, the lowest we’ve seen it this year. Figure 3 shows monthly statistics over the last three months.

Figure 4 shows year-to-date (YTD) monthly averages for each statistic over the last five years. The average monthly apparent supply level for 2023 thus far is 7.9 million tons.

To see an interactive graphic of our Apparent Steel Supply history, click here. If you need any assistance logging into or navigating the website, contact us at info@steelmarketupdate.com.
Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Products
Ryerson reports net loss in Q3 as weak demand offsets tariff price support
President and CEO Eddie Lehner said Ryerson has faced market headwinds in the third quarter.
HARDI: Galv demand improves in October, higher prices expected in new year
Participants on this month’s Heating Air-Conditioning & Refrigeration Distributors International (HARDI) Sheet Metal/Air Handling Council call expect galvanized steel base prices to firm up in the first quarter of 2026.
Global steel production falls to near two-year low in September
World crude steel output declined for the fourth-consecutive month in September, slipping 3% from August to an estimated 141.8 million metric tons (mt), according to the latest figures from the World Steel Association (worldsteel).
Market sources say regional activity is dictating plate demand
Demand for plate on the spot market remains soft by comparison to years past. However, this week regional demand variations grew more pronounced.
Battery #14 at USS Clairton to restart on Oct. 23
U.S. Steel plans to restart battery #14 at the Clairton Coke Works plant on Thursday, ending its idling period. Battery #14 was hot idled following the explosion at coke oven batteries 13 and 14 on Aug. 11. The Mon Valley Works Clairton plant has completed the necessary repairs. It expects the battery to restart during […]
