Steel Products Prices North America
March 13, 2014
First Projection of March 2014 Steel Imports
Written by John Packard
As our regular readers already know, Steel Market Update has begun to project steel imports for the current month based on U.S. Department of Commerce license data. We advise our readers to be familiar with the US DOC license program (called SIMA) and the nuances with the program which were addressed in an article by SMU contributing writer and former director of the American Institute for International Steel, David Phelps.
Final January imports came in at 3,205,246 net tons (we convert the US DOC metric calculations to net tons for our readers convenience). February imports (not final) are projected will be about the same as January at 3,252,707 net tons.
