Apparent steel supply slips in February

The apparent supply of steel in the US fell 6% from January to February, according to data compiled from the US Department of Commerce and the American Iron and Steel Institute (AISI). Following the five-month high seen the month prior, apparent supply eased to 8.02 million short tons (st) in February, the third lowest monthly rate seen in the last three years.

Apparent steel supply is calculated 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.