Steel Products Prices North America
June 8, 2016
Flat, Long, and Semi-Finished Imports through May 2016
Written by Peter Wright
Licensed data for May was reported by the Steel Import Monitoring System of the US Commerce Department on June 3rd. An explanation of the methodology that we at SMU use to analyze the trade data is given at the end of this piece.
Total rolled product licensed imports in the single month of May were 1,956,816 short tons with a three month moving average (3MMA) of 1,966,266 tons. The May volume was almost exactly the same as the final March and April tonnages. 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 only three month moving averages to get a more representative picture.
