Steel Products Prices North America
August 9, 2018
SIMA: Steel Import License Data for July
Written by Peter Wright
Steel Market Update offers this early look at July’s import volume based on license data (see explanation below). The analysis evaluates the pressure that imports are having on individual products at the national level, but gives no indication of regional differences. SMU has developed a new series of regional reports for the six main flat rolled sectors, as we are becoming more aware that changes in import levels at the regional level are in some cases much different than changes at the national level.
Total rolled steel product imports in July were up by 24.1 percent from June’s volume, but on a 3MMA basis were down by 8.4 percent. This discrepancy arose because June’s volume was the lowest since December 2012. Year over year, total rolled product imports were down by 23.0 percent on a 3MMA basis.
