Steel Products Prices North America
February 18, 2014
February Import Forecast (week 2)
Written by John Packard
As we mentioned last week, Steel Market Update will provide our members weekly steel import forecasts based on license data provided by the U.S. Department of Commerce (beginning with the second week of the month). We advise our members to spend a few minutes and read David Phelps article about the import license data and why the numbers can only be used as an indicator and not a final path toward the totals for any particular month.
This is the second week where we are forecasting February numbers and, as you can see by the semi-finished numbers (billets & slabs but almost all slabs), there can be huge variances from week to week.
