Steel Products Prices North America
Hot Rolled Imports by Product Detail, Through June 2019
Written by Peter Wright
August 20, 2019
Premium subscribers to Steel Market Update have reports available on our website that break out the import tonnage into district of entry and source nation for six sheet and plate product categories. This report takes the total national tonnage of hot rolled and breaks it down into product detail.
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 breaks out how much was P&O, how much was high strength and how much had patterns in relief. The balance is assumed to be commercial hot rolled.
Table 1 is a monthly summary and year-to-date 2019 for each of the above conditions.
Figure 1 breaks the year-to-date tonnage down 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
Using the combination of SMU import reports, steel buyers know exactly how much hot rolled came into both their region and their immediate district and where it came from. At the national level they know 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 Steel Products Prices North America
Nucor holds the line on published HR spot price
The steelmaker has kept its weekly consumer spot price for hot-rolled steel sheet unchanged since Nov. 12.
Nucor’s HR spot price unchanged for 5th week
Nucor’s weekly spot price for hot-rolled (HR) coil will remain at $750 per short ton (st) for a fifth week.
SMU price ranges: Market stable amid post-Thanksgiving glut
Steel sheet prices remain at or near multi-month lows, while plate prices continue edging lower from their mid-2022 peak.
Nucor again holds HR spot price at $750/ton
For the fourth week in a row, Nucor will keep its published spot price for hot-rolled (HR) coil unchanged.
SMU Community Chat: Timna Tanners on ‘Trumplications’ for steel in 2025
Wolfe Research's Managing Director Timna Tanners discusses the 'Trumplications' for steel in the coming year in this week's SMU Community Chat.