Steel Products Prices North America
June 13, 2019
Apparent Steel Supply Strong in April
Written by Brett Linton
April apparent steel supply was calculated at 9,662,760 net tons, according to data released earlier this week. Apparent steel supply is determined by adding domestic steel shipments and finished U.S. steel imports, then subtracting total U.S. steel exports.
April apparent steel supply saw a 166,538 ton or 1.7 percent decrease compared to the same month one year ago. This change was primarily due to a decrease in finished imports of 836,989 tons or 28.9 percent. A rise in domestic shipments of 412,099 tons or 5.3 percent and a decrease in exports of 258,353 tons or 30.0 percent lessened the overall year-over-year decrease in apparent steel supply.
