Steel Products Prices North America
September 9, 2016
Flat, Long, and Semi-Finished Imports through August 2016
Written by Peter Wright
Licensed data for August was reported by the Steel Import Monitoring System of the US Commerce Department on September 6th. 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 August were 2,168,083 short tons with a three month moving average (3MMA) of 2,243,181 tons. 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.
