Steel Products Prices North America

Other Metallic Coated Import Analysis 2009-YTD
Written by John Packard
April 26, 2017
Galvalume imports through the first three months 2017 total 292,843 net tons. If this pace continues throughout the calendar year imports of “other metallic” products (with the majority being Galvalume) could exceed 1.1 million tons despite the antidumping and countervailing duty suits.
As you can see by the table below, there has been steady growth in the number of AZ tons being exported to the United States. Since 2013 imports have been at one million net tons a year. The affirmative AD/CVD results in 2016 from the 2015 filing (CORE) has had no impact on tonnage.
The one country that is out of the mix is China and the new kid on the block is Vietnam. Brazil returned to the U.S. market in 2015.
The real story with Galvalume is the fact that the market is not that large so 1 million tons of imports make up around 50 percent of the total market.
At the same time, Steel Dynamics has invested a large sum of money on new Galvalume coating facilities at both the Indiana and Mississippi operations.

John Packard
Read more from John PackardLatest 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.