Steel Products Prices North America

US Steel Mills Export 1 Million Tons During April
Written by Brett Linton
June 8, 2014
The U.S. Department of Commerce released final census data regarding exports of steel out of the U.S. steel mills this past week. According to the US DOC data, the domestic mills exported a total of 1,079,723 net tons of steel products during the month of April 2014. This is in line with the previous two months as well as the 12 month and 3 month moving averages (see graphic below).
As with previous months, the NAFTA countries received the lion’s share of the imports as 561,158 net tons went to Canada and 368,214 net tons to Mexico. Combined the two countries received 929,372 tons of the 1,079,723 tons shipped.
Once you get outside of the NAFTA circle long products or semi-finished products (mostly billets which are used to make long products) seemed to be the majority of the shipments. The Dominican Republic, the third largest recipient of U.S. steel products, received 24,132 net tons of which 17,352 net tons was semi-finished steel.
Below is a table with a breakdown of the total shipments as well as flat rolled and plate items.
Below is an interactive graphic on steel exports on various products, but it is only accessibly 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=”107″ Total Exports- All Products, Monthly, Net tons}

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

SMU price ranges: Flat-rolled balloon continues to leak
Sheet and plate prices were flat or lower again this week on continued concerns about demand and higher production rates among US mills.

HRC vs. busheling spread narrows in August
The price spread between prime scrap and hot-rolled coil (HRC) narrowed in August, according to SMU’s most recent pricing data.

SMU Price Ranges: Market drifts lower still
All five of SMU's steel sheet and plate price indices declined this week, falling to lows last seen in February.

Discontentment brews in plate market with flat, status-quo pricing
Sources in the carbon and alloy steel plate market said they are less discouraged by market uncertainty resulting from tariffs or foreign relations, but are instead, eager to see disruption to the flat pricing environment.

Nucor lowers HR coil spot price by $15/ton
Nucor has implemented a double-digit price decrease on spot hot-rolled (HR) coil for the second consecutive week.