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    Analysis

    February 11, 2025

    Apparent steel supply rebounds in December, but 2024 total at 4-year low

    Written by Brett Linton

    Following a multi-year low in November, the amount of finished steel that entered the US market rebounded in December, according to our analysis of recently released data from the Department of Commerce and the American Iron and Steel Institute (AISI). On an annual basis, 2024 marked the lowest level in the US apparent steel supply since 2020.

    Apparent steel supply is calculated by combining domestic steel mill shipments with US finished steel imports and 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.

    Read more from Brett Linton

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