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Goldman Sachs

June 10, 2026

Americas Steel Supply and Demand Tracker

Monthly UpdateCommoditiesMaterials

The April 2026 Americas Steel Tracker reports healthy production levels and multi-year high mill utilization. While apparent demand fell due to macroeconomic uncertainty, domestic shipments maintain positive year-to-date growth.

Key Takeaways

  • 1.Domestic mill utilization and production remain strong, with utilization averaging 79.9% in April.
  • 2.Finished steel imports declined by 13% YoY in April, though long product imports increased significantly by nearly 40%.
  • 3.Apparent demand for steel fell 1.9% YoY in April, pressured by geopolitical and rate uncertainty.

Table of Contents

  • Big picture takeaways from April data
  • Import data takeaways in 4 charts
  • Shipment & Demand data takeaways in 5 charts
  • Disclosure Appendix

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