Steel Products Prices North America
October Preliminary Imports Increase
Written by Brett Linton
November 26, 2013
The U.S. Department of Commerce released preliminary October import figures earlier today, estimating total imports of 3,059,358 net tons (NT). This tonnage is the highest monthly figure since May 2012 when total imports were 3,064,008 NT.
With the exception of hot rolled products, imports increased month-over-month (MOM) in October for all products in the table below. Looking into projected November figures, it appears that imports will decline on a MOM basis for those same products, with the exception of hot rolled.
October preliminary imports are all above both the 3MMA and 12MMA for all products besides hot rolled.
Note: According to the DOC website, they did not collect license data from October 1st through October 16th. Therefore, September and October license data are incomplete, so the figures below should be taken with caution. (Source: US DOC)
Brett Linton
Read more from Brett LintonLatest in Steel Products Prices North America
SMU price ranges: Most sheet and plate products drift lower
Steel sheet prices mostly edged lower for a second week, while plate prices slipped for the third consecutive week.
Nucor drops HRC price to $720/ton
After holding its weekly spot price for hot-rolled (HR) coil steady for three weeks at $730 per short ton (st), Nucor lowered the price this week by $10/st.
SMU price ranges: Sheet slips, plate falls to 45-month low
Steel sheet and plate prices moved lower this week as efforts among some mills to hold the line on tags ran up against continued concerns about demand.
CRU: US longs prices remain mostly flat in October
CRU Senior Steel Analyst Alexandra Anderson shares insight into the current market for long steel products.
Nucor holds HR base price at $730/st
Nucor is holding its hot-rolled (HR) coil consumer spot price (CSP) at $730 per short ton (st) this week.