Steel Products Prices North America
September 7, 2014
July Final Imports Totaled 3.8 Million Tons
Written by John Packard
The U.S. Department of Commerce released final census data for July steel imports this past week. Total imports were 3,858,692 net tons which was 247,387 tons greater than what we saw during the month of June. License data is pointing toward a slightly lower total volume for total steel imports during the month of August. Based on the most recent license data August should come in very close to the June number at 3.6 million net tons.
The 12 month moving average is 3.2 million tons and the 3 month moving average is 3.8 million tons. May 2014 is the month which has received the greatest number of tons since the beginning of the Great Recession at just over 4.0 million net tons.
