Steel Products Prices North America
Imports of Slabs to the US in 2015 by Source Country and Port of Entry
Written by Peter Wright
February 14, 2016
In 2015, 4.9 million metric tons of slabs were imported into the US. Of that tonnage 1.8 million tonnes (1,984 million net tons) came into Mobile (bound for AMNS Calvert) and 1.2 million (1.322 million net tons) into Los Angeles (bound for California Steel).
Most of the Mobile tonnage came from Brazil and the Los Angeles tonnage was split 2/3:1/3 between Brazil and Japan (California Steel is a 50/50 joint venture between Vale in Brazil and JFE Steel in Japan).
Brazil at 2.7 million tonnes shipped in over half of the total.
Russia shipped 1.4 million tonnes of which almost a million came into Philadelphia (NLMK Russia reported shipping 1.221 million tonnes to their USA facility during fiscal year 2015).
Mexico shipped in 366,000 tonnes.
By month through 2015 January saw the highest tonnage and December the lowest though there was not a steady progression between those two levels. March through November saw a fairly steady rate of entry.
Note that you can click the image below to see it in a larger format.
Peter Wright
Read more from Peter WrightLatest in Steel Products Prices North America
BREAKING NEWS: NLMK USA up $50/ton on HR and CR, up $100/ton on coated
NLMK USA plans to increase prices for hot-rolled and cold-rolled coil by at least $50 per short ton (st). The move is effective immediately for all spot orders, the steelmaker said in a letter to customers on Friday.
SMU Price Ranges: Sheet floor holds as market debates upside
Our average HR coil price increased $5/short ton from last week, marking a second consecutive week of modest gains. Market participants generally attributed the increase to...
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).