Steel Products
Other Metallic Imports by Port & Country
Written by Peter Wright
August 22, 2013
Other metallic coated (mainly Galvalume) imports June 2013 and YTD by source and port of entry.
This is the fourth of an expanded series of analyses, exclusive to the Steel Market Update that is designed to provide a much more comprehensive view of actual volume by product. This will enable a steel buyer or manager to see exactly what came into his immediate vicinity and where it came from. This series of reports includes hot rolled, cold rolled, hot dipped galvanized (HDG) and other metallic coated. We will publish these in the same format in four consecutive issues of the Steel Market Update. This will be a Premium product in the new website. All volumes are in short tons.
In tables 1 and 2 the smaller volume sources and ports of entry have been removed to make the tables more readable but the totals are correct.
Total OMC sheet tonnage in June was 46,652. Table 1 shows the detail by port of entry and country of origin. The Gulf ports received the most tonnage at 14,194 tons of which 8,353 tons entered Houston from Taiwan. 13,422 Mexican tons crossed the border at Laredo.
In 2013 YTD through June, 340,335 tons entered the U.S., down by 8.9 percent from 2012 through June. The Gulf ports received the highest tonnage at 118,672 tons, down by 33.4 percent from last year. Taiwan was the most prolific supplier in 2013 through June with 125,960 tons, down by 20.1 percent from last year. Most of the Taiwanese tonnage came in through Houston, New Orleans and Savannah. Tonnage from Chine YTD is down by 51.8 percent year over year. Table 2 gives detail of tons by port of entry for 2013 through June.
Volume YTD by source and by district of entry are shown graphically in Figures 1 and 2. The green bars indicate the final 2012 tonnage in each case. Countries and ports are ranked by the 2013 YTD tonnage. Figure 1 shows that tonnage from Taiwan and China is down this year as tonnage from Mexico, Korea and Japan has increased. Canada is about even. Figure 2 shows the tonnage by port. Houston, New Orleans and Los Angeles are down this year. Tonnage into Laredo, Savannah and Philadelphia has increased.
Peter Wright
Read more from Peter WrightLatest in Steel Products
Active rig count update through mid-May
Drilling activity ticked up in the US but declined in Canada during the week ended May 17, according to the latest release from Baker Hughes.
Mexico’s TYASA breaks ground on SBQ rolling mill
Mexican steelmaker Talleres y Aceros (TYASA) broke ground this month on the construction of a new special bar quality (SBQ) rolling mill in the state of Veracruz.
Biden hikes tariffs on Chinese goods, including steel and aluminum
The Biden administration announced a series of actions on Tuesday targeting China’s "unfair" trade policies. These actions will, among other things, make imports of steel and aluminum from the Asian nation even more prohibitive.
Nucor holds weekly HRC price steady after last week’s cut
Nucor chose to hold its consumer spot price (CSP) for hot-rolled (HR) coil steady this week after stunning the market last week with a significant price decline. The steelmaker said in a letter to customers on Monday morning that its $760-per-short-ton (st) CSP base price for HR coil is effective immediately. The price is unchanged from the CSP announced on May 6 but down $65/st from $825/st April 29.
US CR tags ease, premium over imports still high
Offshore cold-rolled (CR) coil prices remain much less expensive than domestic product, even as domestic prices have slipped to a six-month low, according to SMU’s latest check of the market.