Steel Products Prices North America
December 8, 2015
Flat, Long, and Semi-Finished Steel Imports Analysis
Written by Peter Wright
Licensed data for November was reported by the Steel Import Monitoring System of the US Commerce Department on December 4th. At SMU we perform a detailed analysis of this data, an explanation of our methodology is given at the end of this write up.
Total rolled product licensed imports in the single month of November were 2,109,471 short tons down by 9.1 percent from the final October volume. We prefer not to dwell on single months results because of the extreme variability that can occur in individual products. In the comments below we use three month moving averages (3MMA) to get a more representative picture. The 3MMA through November was 2,249,408 tons, down by 5.9 percent from the October 3MMA. On the same basis flat rolled was down by 6.2 percent, long products down by 4.9 percent and pipe and tube down by 8.1 percent.
