Steel Products Prices North America
July 7, 2016
Flat, Long, and Semi-Finished Imports through June 2016
Written by Peter Wright
Licensed data for June was reported by the Steel Import Monitoring System of the US Commerce Department on July 5th. 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 June were 2,169,434 short tons with a three month moving average (3MMA) of 2,037,652 tons. There hasn’t been much change in the total monthly volume in the last 10 months. We prefer not to dwell on single months results because, even though the monthly total has been quite steady, there is often extreme variability in individual products. In the comments below we use only three month moving averages to get a more representative picture.
