Economy
January 11, 2018
Shipments and Supply of Sheet Products through November
Written by Peter Wright
U.S. demand for steel sheet products continued to expand through November, according to Steel Market Update’s analysis of data from the American Iron and Steel Institute (AISI) and the U.S. Department of Commerce.
Apparent supply is a proxy for market demand. Demand momentum for sheet products in total was negative in the three months through November, but individual products varied. The overall negativity was partly a seasonal effect; on average since and including 2010 sheet supply in November has been down by 6.6 percent. This year the decline was 5.2 percent, therefore better than normal.
