SMU Data and Models
New SMU Report Identifies HR Imports by Product Detail
Written by Tim Triplett
February 21, 2018
Premium subscribers to Steel Market Update receive reports on imports with macro data broken down by product on the national level. SMU also provides reports that detail the import tonnage received by district of entry and source nation. This new report from SMU takes the analysis even further.
Using U.S. International Trade Commission (USITC) data, SMU takes the import tonnage and breaks it down into sheet and strip, and whether it was in coil or leveled. Then it separates three thickness ranges, it identifies how much was P&O, how much was high strength and how much had patterns in relief.
Table 1 is a monthly summary and year-to-date 2017 that shows each of these conditions (click to enlarge).
Figure 1 breaks the year-to-date tonnage down into sheet and strip and then into coil and leveled.
Figure 2 does the same by condition—commercial hot rolled, pickled and oiled, high strength and patterns in relief.
Figure 3 breaks the year-to-date tonnage down into three gauge ranges—light, medium and heavy.
Note: This data was accessed through the USITC database. All steel traded globally is classified by the Harmonized Tariff System (HTS). The HTS code has 10 digits. The first six are globally universal. The last four are used at the discretion of the nations involved in a particular transaction. The way the U.S. uses the last four digits to define products may be different from other nations’ product classification.
Tim Triplett
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