Steel Products Prices North America
April 14, 2015
April Foreign Steel Imports Still Trending on High Side
Written by John Packard
Based on the first two weeks of steel import license data collected by the US Department of Commerce, total steel imports coming into the U.S. during the month of April continue to trend well over 3.0 million tons. We are still early in the month and our opinion is the import number should be slightly lower than the 3.7 million tons received in February (final census) and March (license data as of today).
Here is a breakdown of the daily license receipt rate through the second week of the month for December 2014, January, February, March and now April 2015. As you can see the daily rate is slightly lower than all of the months except January (which bounced the 3rd week of the month).
