Steel Products Prices North America
Regional Imports, Hot Rolled Coil, Through June
Written by Peter Wright
August 12, 2019
Year to date, June, total hot rolled coil imports were down by 28.2 percent, but the Great Lakes region was down by 38.4 percent and the Atlantic North was up by 21.3 percent.
SMU now offers a comprehensive series of import reports ranging from the first look at licensed data to the very detailed look at volume by district of entry and source nation. The report you are reading now is designed to plug the gap between these two. Our intention is to report regional imports for six flat rolled products every other month. This month we are reporting through June.
Figure 1 shows the year-to-date tonnage into each region and the huge variation between them. Figure 1a presents the same data as a pie chart.
Figure 2 shows the year-to-date change for each of seven regions and the change at the national level. Volume declined this year through June in all regions except the Atlantic North and the Gulf.
Figures 3, 4, 5 and 6 show the history of HRC coil imports by region since March 2013 on a three-month moving average basis. Note, the Y axis scales are not the same.
Regions are compiled from the following districts (we will report on tonnage by district and source nation next month):
Atlantic North: Baltimore, Boston, New York, Ogdensburg, Philadelphia, Portland ME, St Albans and Washington, DC.
Atlantic South: Charleston, Charlotte, Miami, Norfolk and Savannah.
Great Lakes: Buffalo, Chicago, Cleveland, Detroit, Duluth, Great Falls, Milwaukee, Minneapolis and Pembina.
Gulf: Houston, New Orleans, Mobile, San Juan, St Louis and Tampa.
Pacific North: Anchorage, Columbia Snake, San Francisco and Seattle.
Pacific South: Los Angeles and San Diego.
Rio Grande Valley: Laredo and El Paso.
Peter Wright
Read more from Peter WrightLatest 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 […]