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    March 29, 2018

    March Steel Imports Trending Toward 3.5 Million Tons

    Written by Brett Linton

    The steel import trend for the month of March is now approaching 3.5 million tons. This trend is based on license data through the 26th of March. If the month ultimately comes in above 3.2 million tons, it will top both the 12-month and the 3-month moving averages for steel imports.

    SMU assumes that a portion of the increase above the January and February numbers is due to the March 23 deadline for the Section 232 tariffs. If traders could get the boats in, or at least get the paperwork through the system in time to beat the deadline, they have done so.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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