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: 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.
Buyers say galv prices stable mill level but stuck in swamp on the street
Galvanized steel buyers on Tuesday discussed the eerie stability in sheet prices of late. Expectations are for the murky market to persist in the short term, while glimmers of hope continue for prices pushing higher.
Nucor ups weekly HR price by $10/ton
Nucor’s weekly consumer spot price (CSP) for hot-rolled (HR) coil increased $10 per short ton (st) from last week to $730/st as of Monday, Sept. 23.