Steel Products Prices North America
June 21, 2017
Global Trade of Cold Rolled Coil Through Q1 2017
Written by Peter Wright
We are continuing our investigation to quantify the players in the global trade of both HRC and CRC. We now have data through Q1 2017. This information is sourced quarterly from the Iron and Steel Statistics Bureau in the UK. Data is not very current because many countries are slow in reporting, but we feel that the history does explain where we are now and shines a light on the relative position of the U.S. in the global picture.
In 2016 as a whole, 40,208,000 metric tons of cold rolled coil were traded internationally. Excluding the tonnage traded within the EU, the global total in 2016 was 30,867,000 metric tons. Total trade of CRC declined in Q4 2016 and again in Q1 2017 when it reached 7,421,000 metric tons. Figure 1 shows the total global tonnage quarterly since Q1 2006 and also the total excluding the inter EU volume.
