Steel Products Prices North America
March 9, 2014
Final January Imports Exceed 3.2 Million Tons
Written by Brett Linton
Total steel imports in January were 3,205,246 net tons (NT), the highest levels Steel Market Update has recorded since we began keeping track of monthly import data in mid-2009. January tonnage is a 27.9 percent increase over December figures and well above both the three month moving average (3MMA) and twelve month moving average (12MMA). In fact, January imports for semi-finished, OCTG, hot rolled, cold rolled, galvanized, Galvalume and plate products are above their respective 3MMA and 12MMA. Current February levels are projected to be 1.2 percent above those seen during January.
