Steel Products Prices North America
September 10, 2015
Net Sheet Imports Thru July
Written by Peter Wright
Net imports equals imports minus exports. We regard this as an important look at the overall trade picture and its effect on demand at the mill level. Figure 1 shows that net sheet product imports on a three month moving average, (3MMA) basis at 718,000 tons in July continue to be more than double that which existed before the recession. The deterioration in net has been almost entirely an import effect, exports have been fairly consistent though drifting down slightly since Q2 2012.
