Steel Products Prices North America
December Final Imports at 2.3 Million Tons
Written by John Packard
February 6, 2016
On Friday the U.S. Department of Commerce released Final Census data for foreign steel imports for the month of December 2015. Imports totaled 2,342,582 net tons.
We saw very low numbers on semi-finished (mostly slabs) which came in under 300,000 net tons. We also saw low numbers on OCTG, galvanized and other metallic (mostly Galvalume).
Total steel imports for 2015 totaled 38,739,131 net tons. Last year’s total was below the 44,338,039 net tons which arrived on U.S. soil during the previous year.
Here are the totals for foreign steel imports during the past five years:
John Packard
Read more from John PackardLatest in Steel Products Prices North America
Nucor holds the line on published HR spot price
The steelmaker has kept its weekly consumer spot price for hot-rolled steel sheet unchanged since Nov. 12.
Nucor’s HR spot price unchanged for 5th week
Nucor’s weekly spot price for hot-rolled (HR) coil will remain at $750 per short ton (st) for a fifth week.
SMU price ranges: Market stable amid post-Thanksgiving glut
Steel sheet prices remain at or near multi-month lows, while plate prices continue edging lower from their mid-2022 peak.
Nucor again holds HR spot price at $750/ton
For the fourth week in a row, Nucor will keep its published spot price for hot-rolled (HR) coil unchanged.
SMU Community Chat: Timna Tanners on ‘Trumplications’ for steel in 2025
Wolfe Research's Managing Director Timna Tanners discusses the 'Trumplications' for steel in the coming year in this week's SMU Community Chat.