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

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.

SMU Price Ranges: HR holds, galv slips amid competing market narratives
SMU’s sheet and plate prices see-sawed this week as hot-rolled (HR) coil prices held their ground while prices for galvanized product slipped.