Steel Products Prices North America
March 8, 2015
Final January Steel Imports are 37% Above One Year Ago
Written by Brett Linton
The U.S. Department of Commerce (US DOC) released final foreign steel import census data late last week, showing final January tonnage at 4.39 million net tons (3.99 million metric tons). This is a 20.8 percent increase over December 2014 imports and 37.1 percent higher than January 2014 levels.
Total January imports were the highest seen since October 2014 when the US imported 4,441,271 net tons or 4,029,058 metric tons of steel products. Prior to the October 2014 high, the last time a single month of foreign steel imports were higher than the January 2014 totals was in August 1998 when total steel imports were 4,417,812 net tons or 4,007,776 metric tons
