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    Apparent steel supply inched up in January

    Written by Brett Linton


    The volume of finished steel that entered the US market increased 1% from December to January, according to SMU’s analysis of recently released US Department of Commerce and American Iron and Steel Institute (AISI) data. Although up month over month (m/m), January supply remains on the low side compared to recent years, just 8% higher than the near five-year low set two months prior.

    This apparent steel supply measure is calculated by combining domestic mill shipments and finished US steel imports, then subtracting total US exports.

    Brett Linton

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