Steel Products Prices North America
July 7, 2016
Flat, Long, and Semi-Finished Imports through July 2016
Written by Peter Wright
Licensed data for July was reported by the Steel Import Monitoring System of the US Commerce Department on August 2nd. 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 July were 2,343,966 short tons with a three month moving average (3MMA) of 2,160,863 tons. We prefer not to dwell on single months results because even though the monthly total has been relatively steady in the last 12 months there is often extreme variability in individual products. In the comments below we use three month moving averages to get a more representative picture.
