Steel Products Prices North America
November 15, 2019
SIMA: Steel Import License Data for October
Written by Peter Wright
October’s licensed import volume of total rolled steel products continued the decline from September and was the lowest since February 2011. Rolled product imports in October were down by 17.7 percent on a three-month moving average (3MMA) basis year over year. This follows the 15.5 percent decline in September.
This early look at October’s import volume is based on Commerce Department license data (see explanation below.) This import analysis includes all major steel sectors—sheet, plate, longs and tubulars—with a total of 18 subsectors. We now publish an import market share analysis for the same 18 steel product groups. All volumes in this analysis are reported in short tons. We use three-month moving averages rather than single-month results to smooth out monthly variability.
