Steel Products Prices North America
November Imports Trending Toward 2.9 Million Tons
Written by John Packard
November 17, 2015
Late Tuesday afternoon the U.S. Department of Commerce released import license data through the 17th of the month. Based on the licenses received during the first 17 days of the month, November is trending toward a similar month, September, at approximately 2.8 million net tons. Remember, this is only a trend based on the license data and not a prediction of the final end of the month census data.
As you can see from the table provided below, we are seeing reductions in all of the flat rolled products named in trade suits. hot rolled is trending toward being 100,000 tons lower than the 12 month moving average, cold rolled about 50,000 tons lower, galvanized almost 150,000 tons lower and Galvalume about 70,000 tons lower.
What still appears to be on the high side are semifinished imports which all go to the domestic steel mills. In October we saw semi’s at almost 1 million net tons. The 12 month moving average is 666,000 tons per month and the trend for November semi’s is about 700,000 tons.
If you wish to explore this data in more detail, visit the Imports History page on the Steel Market Update website here. If you have any questions you may reach us at info@SteelMarketUpdate.com or at (800) 432 3475. If you would like to become a Steel Market Update subscriber you can do so by clicking here and if you would like to trial our newsletter/website you can do so by clicking here.
John Packard
Read more from John PackardLatest in Steel Products Prices North America
Evraz raises plate prices $160/ton
Evraz North America (NA) has followed Nucor and SSAB with a plate price increase of its own: up $160 per short ton (st). The increase was effective immediately for all new orders of carbon, high-strength low-alloy, and normalized and quenched-and-tempered plate products, as well as for hot-rolled coil, the steelmaker said in a letter to […]
Nucor lifts HR coil to $820/ton
Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil for a fourth consecutive week.
Nucor pushes HR spot price to $790/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $790 per short ton (st) on Monday, Feb. 10 – a $15/st bump vs. last week. The Charlotte, N.C.-based company has raised its weekly CSP by $40/st over the past three weeks after maintaining tags at $750/st since Nov. 12, according to SMU’s […]
ArcelorMittal Dofasco increases spot sheet prices
ArcelorMittal Dofasco is raising spot sheet prices by CA$100 per ton (US$70/ton). The Hamilton, Ontario-based flat rolled steelmaker told customers the increase is effective immediately for all new orders. It did not specify to what level this brings its base prices but noted its right to re-quote previous but unconfirmed orders. “We will continue to […]
Nucor raises HR spot price to $775/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $775 per short ton (st) on Monday, Feb. 3. The $15/st week-on-week (w/w) rise marks the first back-to-back increases in the steelmaker’s weekly CSP since last August, according to SMU’s mill price announcement calendar. Nucor’s joint-venture subsidiary California Steel Industries (CSI) is also up […]