Steel Products Prices North America

August Finished Steel Imports at 2 Million Net Tons
Written by Brett Linton
October 7, 2018
The U.S. Department of Commerce released Final Census Data on August foreign steel imports late last week. The final data shows August imports hit 3,034,752 net tons, just slightly above the 2,987,565 net tons reported for the month of July. Total imports continue to be resilient, mostly on the back of semi-finished steels (mostly slabs going to domestic mills). In August, semi’s account for one-third of the total imports with 1,001,317 net tons.
This means finished imports fell to just over 2 million net tons. You can see how each product we follow fared in the table below.
At the same time, the DOC reported license data for the month of September. September is looking like it will come in at 2.8 million tons. The drop was essentially all semi’s as they are looking like they will be around 700,000 net tons vs. 1,000,000 in August.
Below is a graph showing the history of total steel imports. 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 in to or navigating the website, please contact Brett at Brett@SteelMarketUpdate.com.

Brett Linton
Read more from Brett LintonLatest in Steel Products Prices North America

HRC vs. prime scrap spread widens in June
The price spread between HRC and prime scrap widened in June.

SMU price ranges: Steel prices rise in response to tariffs
Steel prices climbed for a second straight week across all five sheet and plate products tracked by SMU.

Nucor lifts list price for spot HRC by $20/ton
The $20/short ton increase applies to all of the steelmaker’s sheet mills, including West Coast joint-venture subsidiary CSI.

Nucor pauses month-long slide in weekly HR price
Nucor halted a four-week decline in its spot price for hot-rolled coil this week, maintaining its weekly consumer spot price (CSP) at $870/st.

Nucor lowers HRC by $10/ton in fourth straight cut
Nucor has lowered its consumer spot price (CSP) for hot-rolled coil by $10 per short ton (st), marking the fourth consecutive weekly decrease.