Steel Products Prices North America
September 27, 2015
August Imports Pegged at 3.0 Million Tons
Written by John Packard
The U.S. Department of Commerce released August Preliminary Census Data showing August imports as being 3,016,157 net tons (2.7 million metric tons). August imports are down 200,000 tons compared to July and were below both the 3 month and 12 month moving averages.
When looking at flat rolled items we found a small reduction in total tonnage, down 2.1 percent month over month on a days-adjusted basis on cold rolled and 13.1 percent on galvanized. However, hot rolled imports rose 28.7 percent month over month as buyers attempted to beat the HRC trade case which was filed on August 11th.
