Shipments and Supply of Sheet Products through March 2015

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This report compares domestic mill shipments and total supply to the market to enable a side by side comparison and the degree to which imports have absorbed demand. Sources are the American Iron and Steel Institute and the Department of Commerce with analysis by SMU. Table 1 shows both supply and mill shipments of sheet products (shipments includes exports) side by side as a three month average for the periods January through March for both 2014 and 2015. Comparing these two periods, total supply to the market was down by 1.0 percent but shipments were down by 6.4 percent. In other words, imports took share from the domestic mills.