Steel Products Prices North America
April Steel Exports Flat over March
Written by Brett Linton
June 7, 2018
U.S. steel exports in April 2018 totaled 861,004 net tons (781,091 metric tons), down 0.9 percent from the month before, but up 0.4 percent from April 2017. Total exports have averaged around 835,000 tons over the last few months. The total April export figure is above the three-month moving average (average of February 2018, March 2018 and April 2018), but below the 12-month moving average (average of May 2017 through April 2018). Here is a breakdown of flat rolled and plate steel exports:
Cut plate exports decreased 2.4 percent from March to 86,414 tons, up 6.8 percent compared to levels one year ago.
Exports of coiled plate were 32,668 tons in April, down 17.6 percent month over month, and down 36.4 percent year over year. October 2016 was the last time coiled plate exports were this low, when they were 29,767 tons.
Hot rolled steel exports decreased 2.5 percent month over month to 57,738 tons, and were down 28.9 percent from April 2017 levels. This is the lowest level of hot rolled exports since July 2016 (55,714 tons).
Exports of cold rolled products were 50,404 tons in April, up 0.4 percent from March, but down 10.8 percent over the same month last year.
Galvanized exports rose 10.8 percent month over month to 131,352 tons. Compared to one year ago, April levels were down 2.8 percent. This is the higest level seen since May 2017 when 163,477 tons of galvanized steel were exported.
Exports of all other metallic coated products came in at 25,021 tons, an 18.0 percent increase from March, and a 27.1 percent increase compared to one year ago.
To see an interactive graphic of our steel imports history through final April data (example below), visit our website here. If you need any assistance logging in or navigating the site, contact us at info@SteelMarketUpdate.com or 800-432-3475.
Brett Linton
Read more from Brett LintonLatest in Steel Products Prices North America
Nucor slows HRC price climb with $5/ton increase
After eight weeks of double-digit price increases on hot-rolled (HR) coil, Nucor slowed the price rise this week with an increase of $5 per short ton.
Domestic CRC prices surge ahead of imports
The price spread between stateside-produced CR and imports reached its widest margin in over a year.
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 […]