Steel Products Prices North America
December 11, 2014
Foreign Steel Taking Large Percentage of Rise in Apparent Steel Usage
Written by Peter Wright
The following article is by Peter Wright for our Premium level members. We decided to share the article with all of our readers this evening as a way of providing an example of Premium level content and analysis to our Executive readers.
Following the post-recession recovery, shipments of hot band from US mills to domestic locations trended in a range for three years but have now broken out on the upside. Shipments of hot dipped galvanized sheet and strip declined strongly in Q2 through Q4 2012 and have climbed steadily in 2014. Cold rolled shipments have shown no direction for two years after declining in 2012, (Figure 1). This analysis is based on shipments to domestic locations plus exports and uses the AISI AIS10 monthly report and Commerce Department trade data.
