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    Apparent steel supply edges lower in April on reduced mill shipments

    Written by Brett Linton


    The volume of finished steel that entered the US market slipped 5% from March to April, according to SMU’s analysis of recent Department of Commerce and American Iron and Steel Institute (AISI) data.

    Referred to as “apparent steel supply,” this proxy for US steel demand is calculated by combining domestic mill shipments and finished US steel imports, then subtracting total US exports.

    Brett Linton

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