Steel Products Prices North America
Prepainted Flat Rolled Imports Down in July
Written by Brett Linton
September 10, 2013
Prepainted flat rolled imports moderately increased in July over June for all products with the exception of prepainted cold-rolled sheet and strip. Compared to the same month one year ago, this month’s prepainted imports slightly decreased for all products with the exception of prepainted electro-galvanized sheet and strip.
As you can see by our table below – prepainted cold rolled (CR) imports decreased by 275 NT from June to July but remained above both the 3-month and 12-month moving averages calculated through July. Compared to levels one year ago, prepainted CR imports were down 373 NT or 8.2 percent.
Prepainted galvanized (GI) imports increased by 3,233 NT month-over-month. They are now above both the 3-month and 12-month moving averages. Compared to one year ago, prepainted GI imports were down 782 NT or 4.7 percent.
Prepainted electro-galvanized (EG) imports increased by 316 NT or 141.7 percent month-over-month. They were above both the 3-month and 12-month moving averages. Compared to one year ago, prepainted EG imports were up 438 NT or 433.7 percent. Note that prepainted EG imports are much smaller than the other products in this comparison, and fluctuations in imports from China tend to skew the figures from month to month.
Prepainted Galvalume (AZ) imports increased by 1,335 NT over last month, right in between the 3-month and 12-month moving average. Tonnage imported in July was down 208 NT or 2.2 percent over that of last year.
Brett Linton
Read more from Brett LintonLatest in Steel Products Prices North America
SMU Price Ranges: Sheet floor holds as market debates upside
Our average HR coil price increased $5/short ton from last week, marking a second consecutive week of modest gains. Market participants generally attributed the increase to...
Thin demand keeps plate prices hovering at lowest levels since February
Participants in the domestic plate market say spot prices appear to have hit the floor, and they continue to linger there. They say demand for steel remains thin, with plate products no exception.
SMU Price Ranges: HR crawls back to $800/ton
SMU’s HR price stands at $800/st on average, up $5/st from last week. The modest gain came as the low end of our range firmed, and despite the high end of our range declining slightly.
SMU successfully completes IOSCO review
SMU has successfully completed an external review of all our prices. The review has concluded that they algin with principles set by the International Organization of Securities Commissions (IOSCO).
Domestic plate prices could heat up despite so-so demand, market sources say
Some sources also speculated that plate could see further price increases thanks to modest but steady demand, lower imports, mill maintenance outages, and end markets less immediately affected by tariff-related disruptions.