Apparent steel supply holds near multi-year high in July

The volume of finished steel that entered the US market eased 2% from June to July but remained historically strong, according to SMU’s analysis of recently released Department of Commerce and American Iron and Steel Institute (AISI) data.

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

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.