Global Trade of Cold Rolled Coil Through Q2 2017

We are continuing our analysis to quantify the players in the global trade of both hot rolled coil (HRC) and cold rolled coil (CRC). We now have data through Q2 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 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 the four quarters Q3 2016 through Q2 2017, 41,523,000 metric tons of cold rolled coil were traded internationally. Excluding the tonnage traded within the EU, the global total was 31,864,000 metric tons. In the 10 quarters since Q1 2015, the global total excluding inter EU has averaged 7.8 million metric tons, within a range of 7.2 million to 8.4 million, therefore fairly consistent. Figure 1 shows the total global tonnage quarterly since Q1 2006 both with and without the inter EU volume.