Steel Products Prices North America
August 6, 2017
June Foreign Steel Imports Highest Since January 2015
Written by John Packard
It is now official. According to the U.S. Department of Commerce, June 2017 foreign steel imports totaled 3,923,126 net tons and are at the highest levels seen since January 2015, prior to the antidumping (AD) and countervailing duties (CVD) trade suits being filed.
Approximately one-quarter of the imports were semi-finished steels (mostly slabs) with the domestic mills bringing in 916,486 net tons of semi’s. With the steel mills responsible for a portion of the hot rolled and cold rolled tonnage, they could very well be responsible for 30 percent of total foreign steel imports.
