February Import Market Share for Tubular and Long Products

This report examines the import share of tubular and long products shipments. Imports’ share of total tubular products rose to 44.6% in February, up from 42.5% the month prior, but primarily due to a 9.7% decrease in domestic tubular shipments overall. Tubular imports decreased for the third consecutive month in February. Long products import market share dipped from 11.7% in January to 11.2% in February, as both imports and domestic shipments edged down month on month.

The import share of wire rod rose to 24.4% in February, up from 20.1% in January, mainly due to an increase of 19.3% in imports month on month. OCTG saw its import share rise to 55.6% in February, up from 51.3% in January, while mechanical tubing rose to 48.7% in February from 43.4% the month prior.

David Schollaert

David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.