Steel Products Prices North America
May 11, 2014
OCTG, Cold Rolled & Galvalume Import Numbers Troubling
Written by John Packard
Steel Market Update watches foreign steel imports as closely as humanly possible as we look for trends to see how imported steel tonnages relate to past historical averages. We use a monthly average as opposed to a specific monthly number in order to smooth out the numbers and provide a clearer picture.
As you can see by the table below (2014 includes March final numbers but does not include April license data), semi-finished imports (which are mostly slabs) have exceeded 2006 levels and are 244,929 net tons higher this year than what we averaged during 2013. All numbers are shown as net tons (not metric tonnes).
