Steel Products Prices North America
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/media/k2/items/src/cb535e0884bac9d058545f57dea8f1b9.jpg)
Foreign Steel Imports Rise in January
Written by Brett Linton
March 8, 2018
January foreign steel imports were finalized yesterday at 2,879,076 net tons (2,611,857 metric tons), according to the U.S. Department of Commerce. This is up 17.5 percent from December, and up 4.2 percent from November. It is also slightly greater than import levels seen in January 2017 (2,814,233 tons). Current February license data has imports down 15.4 percent over January. It is too early in the month to gather any useful information from March data.
Semi-finished imports (blooms, billets and slabs) remained steady (up 0.1 percent) from December to January at 525,363 tons. February license data suggests a decrease of 24.7 percent.
Imports of oil country tubular goods (OCTG) rose 78.7 percent in January, but February data is currently looking down 36.5 percent.
Hot rolled imports were up 27.1 percent from December to January. February levels are currently down 21.4 percent.
Plate in coil imports in January rose 11.0 percent, but are down 21.0 percent in February.
Cold rolled imports fell 10.8 percent over December figures. License data for February is currently down 0.8 percent.
Imports of galvanized products rose 6.6 percent in January. February data is currently looking down 2.5 percent.
Other metallic coated imports jumped 129.2 percent from December, but February data is down 27.6 percent.
Imports of plates cut lengths rose 4.7 percent in January. February license data is down 18.3 percent.
Below is a graph showing our steel imports history through final January data. You will need to view the graph on our website to use its interactive features, you can do so by clicking here. If you need assistance logging into or navigating the website, please contact our office at 800-432-3475 or info@SteelMarketUpdate.com.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2024/04/SMU_BL_headshot-V4-150x150.png)
Brett Linton
Read more from Brett LintonLatest in Steel Products Prices North America
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/07/CRU-Logo-2023-07-21-at-4.35.41-PM.png)
CRU: Longs pricing trends diverge in North, South America
Most longs prices in the US were unchanged this month, except for rebar, which declined by $1.50/cwt ($30/short ton) m/m. While end-use demand is stable, inventories are well-stocked, keeping purchases limited. Domestic availability is sufficient to meet current demand, hindering the appetite for imported material. Meanwhile, prices for scrap remained under pressure in June, with […]
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Nucor.png)
Nucor cuts plate prices by $125/ton, cites ongoing competition
Nucor Corp. announced that its plate mill group would cut prices for as-rolled, discrete, and normalized plate with the opening of its August order book.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Nucor.png)
Nucor cuts HR price for fourth straight week
Nucor lowered its consumer spot price (CSP) for hot-rolled (HR) coil by another $10 per short ton (st) for the first week of July. The steelmaker said in a letter to customers on Monday that its CSP base price for the week will be $670/st for all of its sheet mills with the exception of California Steel Industries (CSI).
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Cliffs_logo2.2.png)
Cliffs sets $720/ton HR price with opening of August books
Cleveland-Cliffs on Tuesday announced its monthly hot-rolled (HR) coil price of $720 per short ton (st) with the official opening of its August order book. The rate is down from last month’s price of $800/st.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/07/CRU-Logo-2023-07-21-at-4.35.41-PM.png)
CRU: Demand weakness continues to weigh on global sheet markets
Demand has remained persistently weak across the globe for sheet steel, weighing on prices. US HR coil prices fell the furthest this week as high-volume, low-priced deals were transacted as mills looked to fill order books and competed with one another amid relative demand weakness. Meanwhile, European prices were also down due to low demand […]