SMU Data and Models

SMU Report: HR Imports by Product Detail Through September
Written by Peter Wright
October 22, 2018
Premium subscribers to Steel Market Update have access to reports on our website that break out the import tonnage into district of entry and source nation for six sheet and plate categories. SMU has now developed reports that drill down the HRC and CRC into product detail both nationally and for each district. We report these in alternate months. Our December report for November imports will cover cold rolled sheet. (For information on how to upgrade to a Premium-level subscrition, email info@SteelMarktUpdate.com).
Using U.S. International Trade Commission (USITC) data, SMU has taken the import tonnage of HRC and broken it down into sheet and strip, and whether it was in coil or leveled. Then it separates three gauge ranges, it identifies how much was P&O, how much was high strength and how much had patterns in relief.
Table 1 shows a monthly summary and year-to-date 2018 for each of the above conditions. Click here to download the full dataset.
Figure 1 breaks the year-to-date tonnage down into commercial HR sheet, pickled and oiled, high strength and sheet with embossed patterns.
Figure 2 breaks the year-to-date tonnage down into three gauge ranges—light, medium and heavy.
Figure 3 breaks hot rolled sheet imports into coiled and leveled tonnage.
Figure 4 breaks hot rolled strip imports into coiled and leveled tonnage.
Table 2 is a small part of a sheet that shows detail for every region in the U.S. and is available in the premium section of our website. It shows the product detail of hot rolled sheet and strip imports by district of entry. For example, exactly half the tonnage entering Boston was light gauge, high-strength pickled and oiled. If a steel buyer wanted to know, for example, how much medium-gauge, high-strength sheet, not pickled and oiled, had come into Buffalo year to date, the answer is 3,325 metric tons. Volume of that product entered in August and September was zero.
Using the combination of SMU import reports, steel buyers know exactly how much hot rolled came into their region, where it came from, what the tonnage by gauge was, how much was pickled and oiled, how much was high strength and how much had patterns in relief.
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 and are the basis of this report. The way the U.S. uses the last four digits to define products may be different from other nations’ product classification.

Peter Wright
Read more from Peter WrightLatest in SMU Data and Models

SMU Survey: Sheet lead times ease further, plate hits one-year high
Steel buyers responding to this week’s SMU market survey report a continued softening in sheet lead times. Meanwhile, plate lead times have moderately extended and are at a one-year high.

SMU Survey: Buyers report more price flexibility from mills
Nearly half of the steel buyers responding to this week’s SMU market survey say domestic mills are showing increased willingness to negotiate pricing on new spot orders. This marks a significant shift from the firmer stance mills held in prior weeks.

SMU Survey: Buyers’ Sentiment Indices fall
Current Sentiment Index dropped six points to +42 this week compared to two weeks earlier. It has fallen in every successive survey since reaching a 2025 high of +66 on Feb. 19.

March service center shipments and inventories report
Steel service center shipments and inventories report through March 2024.

Apparent steel supply contracts in February
The amount of finished steel that entered the US market in February receded from January’s peak, according to our analysis of Department of Commerce and American Iron and Steel Institute (AISI) data.