Apparent steel supply holds near multi-year high in July
Apparent steel supply eased 2% from June to July but remained at one of the higher levels recorded in recent years, according to SMU’s analysis of recently released Department of Commerce and American Iron and Steel Institute (AISI) data. 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.

