SMU Data and Models
New SMU Report Identifies HR Imports by Product Detail
Written by Tim Triplett
February 21, 2018
Premium subscribers to Steel Market Update receive reports on imports with macro data broken down by product on the national level. SMU also provides reports that detail the import tonnage received by district of entry and source nation. This new report from SMU takes the analysis even further.
Using U.S. International Trade Commission (USITC) data, SMU takes the import tonnage and breaks it down into sheet and strip, and whether it was in coil or leveled. Then it separates three thickness ranges, it identifies how much was P&O, how much was high strength and how much had patterns in relief.
Table 1 is a monthly summary and year-to-date 2017 that shows each of these conditions (click to enlarge).
Figure 1 breaks the year-to-date tonnage down into sheet and strip and then into coil and leveled.
Figure 2 does the same by condition—commercial hot rolled, pickled and oiled, high strength and patterns in relief.
Figure 3 breaks the year-to-date tonnage down into three gauge ranges—light, medium and heavy.
Note: This data was accessed through the USITC database. All steel traded globally is classified by the Harmonized Tariff System (HTS). The HTS code has 10 digits. The first six are globally universal. The last four are used at the discretion of the nations involved in a particular transaction. The way the U.S. uses the last four digits to define products may be different from other nations’ product classification.
Tim Triplett
Read more from Tim TriplettLatest in SMU Data and Models
SMU market survey results now available
SMU’s latest steel buyers market survey results are now available on our website to all premium members. After logging in at steelmarketupdate.com, visit the pricing and analysis tab and look under the “survey results” section for “latest survey results.” Past survey results are also available under that selection. If you need help accessing the survey results, or if […]
SMU Survey: Steel Buyers’ Sentiment Indices rebound
Following months of fluctuations, SMU’s Steel Buyers’ Sentiment Indices rebounded this week, now at multi-month highs. Both of our Indices remain in positive territory and indicate that steel buyers are optimistic about the success of their businesses.
SMU Survey: Mill lead times remain stable and short
Steel buyers participating in our market survey this week reported stable mill lead times for both sheet and plate steel products.
SMU Survey: Most buyers report mills still willing to talk price
Most steel buyers SMU polled this week reported that mills remain willing to negotiate new order pricing.
October service center shipments and inventories report
Flat rolled = 63.4 shipping days of supply Plate = 52.4 shipping days of supply Flat rolled shipments and inventories Flat-rolled steel supply at US service centers remains seasonally high. October inventories increased after edging lower in September – a dynamic driven largely by disappointing demand. October’s report reflects lower demand and stable lead times […]