Steel Products Prices North America
July 11, 2014
Apparent Supply of Sheet and Strip Products through May 2014
Written by Peter Wright
Apparent steel supply is defined as domestic mill shipments to domestic locations plus imports. Sources are the American Iron and Steel Institute and the Department of Commerce. The three month moving average of the total tonnage of sheet and strip supply in the period March through May was 4,603,548 tons, up by 11.5 percent from the same period last year and by 6.7 percent in the same period in 2012.
Table 1 shows the performance by product over three, twelve and twenty four month periods. The only product having negative growth year/year was electro galvanized. Year over year hot band grew by 12.6 percent, cold rolled by 13.8 percent and HGD by 10.6 percent.
