Steel Products Prices North America

January Prepainted Imports Up
Written by Brett Linton
March 13, 2014
January prepainted flat rolled steel imports increased over both the previous month and the same month one year prior. The four prepainted products tracked by Steel Market Update rose a combined 18,188 net tons (NT) or 86.6 percent over the previous month and were up 16,236 NT or 70.7 percent over January 2013 tonnage. In light of the “rumors” regarding possible dumping suits on coated steel you may want to pay special attention on galvanized and Galvalume data shown below.
As you can see by our table below – prepainted cold rolled (CR) imports rose by 1,486 NT or 38.5 percent from December to January, above both the 3-month moving average (3MMA) and the 12-month moving average (12MMA) calculated through January. Compared to levels one year ago, prepainted CR imports were up 1,475 NT or 38.2 percent.
Prepainted galvanized (GI) imports in January increased by 3,776 NT or 35.8 percent over the previous month and were above the 3MMA but below the 12MMA. Compared to January of last year, prepainted GI imports were up 4,723 NT or 49.2 percent.
January prepainted electro-galvanized (EG) imports jumped by 4,145 NT or 984.6 percent from December to January, well above both the 3MMA and 12MMA. Compared to the same month one year ago, prepainted EG imports were up 3,532 NT or 341.6 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.
The largest jump tonnage wise goes to prepainted Galvalume (AZ) imports, increasing by 8,781 NT or 141.8 percent over the previous month and above both the 3MMA and 12MMA. Compared to levels one year ago, prepainted AZ imports were up 6,506 NT or 76.8 percent. (Source: US Department of Commerce)
SMU Note: You can view the interactive graphic below when you are logged into the website and reading the newsletter online. If you have not logged into the website in the past and need a new user name and password we can do that for you out of our office. Contact us at: info@SteelMarketUpdate.com or by calling 800-432-3475. If you need help navigating the website we would also be very happy to assist you.
{amchart id=”104″ Prepainted Flat Rolled Imports}

Brett Linton
Read more from Brett LintonLatest in Steel Products Prices North America

CRU: Q3 will be the lowest point in current sheet price cycle
CRU Principal Analyst Shankhadeep Mukherjee expects a restocking cycle for steel sheet products in most parts of the world due to either low inventories or seasonally stronger demand.

CRU: US rebar and wire rod prices rise alongside S232 increase
CRU Senior Steel Analyst Alexandra Anderson discusses current market and pricing dynamics for long steel products in the US.

SMU Price Ranges: Sheet and plate steady ahead of Independence Day
Sheet and plate prices were little changed in the shortened week ahead of Independence Day, according to SMU’s latest check of the market.

Nucor maintains plate prices, opens August order book
Nucor aims to keep plate prices flat again with the opening of its August order book.

Nucor CSP remains level at $900/ton
Nucor maintained its weekly list price for hot-rolled (HR) coil this week, following two consecutive increases.