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    Apparent steel supply surpasses 8.5 million tons in January

    Written by Brett Linton


    The apparent supply of steel in the US increased in January, rising to a five-month high, according to data compiled from the US Department of Commerce and the American Iron and Steel Institute (AISI). Supply is now up to 8.55 million short tons (st) in January, 5% greater than December levels and 7% higher than November’s nine-month low.

    Apparent steel supply is calculated by combining domestic steel mill shipments and finished US steel imports, then deducting total US steel exports.

    Brett Linton

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