Steel Products Prices North America
February 10, 2020
SIMA: Steel Import License Data for January
Written by Peter Wright
Imports of steel rolled products have declined every month since May 2018, year over year, with the greatest decline in January 2020, according to government data. Total rolled product imports in January were down by 35.5 percent on a three-month moving average (3MMA) basis. This follows the 27.8 percent decrease in November on the same basis.
This early look at January’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.
