Steel Products Prices North America
May 27, 2014
April Steel Imports Break Through 3.7 Million Ton Level
Written by John Packard
The U.S. Department of Commerce released Preliminary Census Data on steel imports into the United States for the month of April on Friday. As expected steel imports jumped by 20 percent compared to the previous month and by 36 percent year-over-year (days adjusted basis) to 3,726,199 net tons (3.4 million+ metric tons). This is for all steel products combined.
When looking at flat rolled imports rose by 8 percent month/month on a days-adjusted basis. Cold rolled imports rose by 32 percent month-over-month with China surging to 105,225 net tons three times more than any other single month over the past twelve (in March China exported 31,087 net tons to USA). The next closest exporting country was Canada at 40,725 net tons.
