December Foreign Steel Imports Trending Towards 2.5 Million Tons

All flat rolled products in the table below show a decline between November and December levels, with the exception of cut plate up 12.5 percent. Hot rolled is trending down 15.3 percent, cold rolled down 2.1 percent, galvanized down 16.2 percent, other metallic coated down 29.4 percent, and plate in coils down 31.7 percent. We will see how this changes as the DOC collects more import licenses throughout the month.

The table below uses final import data for the moving averages (through October) and final October data. November data is based on license data and will be finalized in two weeks. December data is derived from import licenses collected through the 19th, converted to a daily average rate, and assuming that rate will continue for the balance of the month.