Steel Products
Prepainted Flat Rolled Imports Lower in June
Written by Brett Linton
August 16, 2013
Prepainted flat rolled imports declined on a month-over-month basis on all products with the exception of prepainted cold-rolled sheet and strip. Compared to the same month one year ago, prepainted imports increased for galvanized and electro-galvanized, but decreased for cold rolled sheet and strip.
As you can see by our table below – prepainted cold rolled (CR) imports increased by 673 NT or 17.9 percent from May to June and were above both the 3-month and 12-month moving averages. They were 864 NT or 16.3 percent below levels one year ago.
Prepainted galvanized (GI) imports declined by 2,657 NT or 17.5 percent month-over-month. They were well below both the 3MMA and 12MMA. Compared to one year ago, prepainted GI imports were up 209 NT or 1.7 percent.
Prepainted electro-galvanized (EG) imports declined significantly by 453 NT or 67 percent month-over-month. They were well below both the 3MMA and 12MMA. Compared to one year ago, prepainted EG imports were up 187 NT.
Prepainted Galvalume (AZ) imports declined by 887 NT or 10.2 percent over last month, and they were below both the 3-month and 12-month moving averages. Tonnage imported in June was nearly four times what was imported in the same month one year ago.
Brett Linton
Read more from Brett LintonLatest in Steel Products
Domestic CRC prices edge up, import tags mixed
The price spread between US-produced cold-rolled (CR) coil and offshore products on a landed basis widened slightly in the week ended Nov. 22.
Active rig counts stable this week
US rig activity has remained in multi-year low territory since June. Drilling in Canada has edged lower across the last few weeks but remains historically strong.
Domestic HR, offshore prices decline
US hot-rolled (HR) coil prices slipped this week, while tags in offshore markets were also largely down. Thus, the price premium between stateside hot band and imports on a landed basis was relatively unchanged.
Kloeckner, SDI collaborate on aluminum plant in Mississippi
The investment is aimed at growing Kloeckner’s automotive and industrial segment in the US and Mexico.
HVAC shipments slip in September but are still trending higher
Following a strong August, total heating and cooling equipment shipments eased in September to a five-month low, according to the latest data from the Air-Conditioning, Heating, and Refrigeration Institute (AHRI).