Steel Products Prices North America
March 29, 2014
AIIS Reports February Steel Imports Up 25.9% YOY
Written by John Packard
Imports of foreign steel increased during the month of February compared to the prior month. Steel Market Update carefully monitors total steel imports, slab imports, hot rolled, cold rolled, galvanized and Galvalume imports as well as plate (coiled and sheet) and oil country tubular goods (OCTG). The U.S. Government recently released preliminary census data for February and we are sharing a press release on the subject from the American Institute for International Steel (AIIS).
Falls Church, VA. March 28, 2014. Steel imports increased in February compared to January by 1.4 percent according to preliminary data for February released by the U.S. Government. “Improved pricing at the end of 2013 and improved demand compared to the weak start to 2013 have created opportunities for importers, and imports have been arriving at more healthy levels so far in 2014. We have been predicting a better start to the year since late 2013, and the AIIS monthly importer survey supports our optimistic view,” said Richard Chriss, executive director, AIIS.
