Steel Products Prices North America
December 29, 2013
Imports of Chinese Cold Rolled Into USA Surging
Written by John Packard
According to the most recent U.S. Department of Commerce import license data, Chinese exports of cold rolled into the United States are beginning to surge. Based on license data through the 24th of December, cold rolled imports from China totaled 76,419 net tons of the 159,416 net tons requesting licenses.
Since October 2012 the previous high for cold rolled exports out of China was 44,492 net tons. At the current license pace China could well double its previous high and is almost triple its 3 month moving average of 28,602 net tons (September – November).
