Steel Products Prices North America
August 5, 2014
Chinese & Domestic Cold Rolled Analysis
Written by John Packard
We are aware that the domestic (USA) steel mills are unhappy with Chinese exports of cold rolled to the United States. The rumors of potential dumping suits against Chinese cold rolled, and possibly coated steel, have been floating about the industry for months.
Based on latest import license data for the month of July, Chinese cold rolled exports into the United States should be about 56,000 net tons. This would be lower than the 85,000 net tons delivered into the U.S. during the month of June. We will have to wait one or two months to see if this is the beginning of a trend (lower Chinese CR exports to the USA) or just a blip in the total picture.
