Prices
March 12, 2018
Steel Imports Drop to 2.47 Million Tons in February
Written by Brett Linton
The U.S. Department of Commerce released the latest steel import license data for the months of February and March 2018. Based on licenses collected through the 13th of March, February 2018 steel imports are expected to total approximately 2.47 million tons, which would be down 400,000 tons from what was reported by the DOC for January 2018.
Again, with 13 days of license data, March is trending toward a 2.9 million ton month. We anticipate with the Section 232 announcement that this number will likely shrink as the month progresses. Here is how the numbers look as of today:
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.
