Analysis

October 13, 2026
Apparent steel supply remains historically strong through August
Written by Brett Linton
The volume of finished steel entering the US market rose 1% from July to August and remained historically strong, according to SMU’s analysis of recently released data from the Department of Commerce and the American Iron and Steel Institute (AISI).
Called “apparent steel supply,” this measure combines domestic mill shipments and finished US steel imports, then subtracts total US exports. It can be used as a proxy for domestic steel demand.

