Steel Products Prices North America
May 17, 2018
May Imports Trending to 2.3 Million Ton Month
Written by John Packard
Foreign steel imports for May are trending toward a 2.3 million net ton month, based on the data released by the U.S. Department of Commerce earlier this week. April imports were just shy 4.0 million net tons.
In the graphic below, we are tracking the license rate for the first two weeks of a month and then comparing May’s licenses with the average. As you can see,, virtually every individual item is down with the exception of plate products and oil country tubular goods (OCTG).
