Steel Products Prices North America
December 31, 2014
December Steel Imports Expected to Exceed 3 Million Tons
Written by Brett Linton
The U.S. Department of Commerce updated the December 2014 steel import license data. As suspected the volume of requests dropped dramatically from the 4.0 million net ton pace we were seeing earlier in the month to 3.0+ million tons as of December 30th.
December total steel imports (alloy and carbon) should be approximately 500,000 tons lower than what we saw in November and 1.2 million tons lower than October, the biggest month for imports this calendar year.
