Economy
June 13, 2019
Shipments and Supply of Steel Products Through April
Written by Peter Wright
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Demand for long products is strong, driven by construction, while demand for sheet is declining, according to this SMU analysis of the latest data from the American Iron and Steel Institute (AISI) and the U.S. Department of Commerce (DoC). The analysis summarizes total steel supply by product from 2003 through April 2019 and year-on-year changes. The supply data is a proxy for market demand, which does not take into consideration inventory changes in the supply chain. Our analysis compares domestic mill shipments with total supply to the market. It quantifies market direction by product and enables a side-by-side comparison of the degree to which imports have absorbed demand.
