Steel Products Prices North America
September 11, 2020
SIMA: Steel Import License Data for August
Written by Peter Wright
Total rolled product imports in August were down by 28.0 percent on a three-month moving average (3MMA) basis. This was the 10th consecutive month in which imports were down by more than 20 percent compared to the same time last year.
This early look at August’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. 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. Next week we will publish our analysis of six flat rolled products broken out into seven regions. The change in imports for individual regions bears little resemblance to the change at the national level.
