Flat Products Imports Highest in Over Two Years

U.S flat products import volumes are at their highest level in more than two years—and import data for May has not yet been finalized. The U.S. is poised to import at least 914,886 metric tons of flat products in May, according to the latest import license data from the Commerce Department.

That volume is already 16.7% higher than the 784,283 metric tons that arrived in April, per initial government import data. Import license data is a preliminary figure, typically updated weekly by Commerce, and provides a snapshot of import volumes ahead of the more authoritative monthly totals.

Imports

David Schollaert

David Schollaert is a senior analyst for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. Based in CRU’s Pittsburgh office, David can be reached at david@steelmarketupdate.com or 724-720-1008.

David Schollaert

Latest in Steel Products

EXECUTIVE article – Testing taxonomy functions as an SMU author

HRC futures: Consolidation ahead of a big move?

Tharu Test

Test Training – hot rolled

Steel Buyers: Actively Playing or Watching From the Sidelines?