Latest Import Data from Department of Commerce

The U.S. Department of Commerce released all kinds of foreign steel import data late this afternoon. We are studying the numbers to see if they make sense, as one of the steel mills told SMU late today that the mechanical pipe and some of the other pipe categories appear to be out of whack. In the data shown below, we do see a large increase of oil country tubular goods (OCTG), but the other items appear to be in line with where we thought they would be.

If the license data is close to being correct (and we must be careful with the government shut down for 34 days), hot rolled is below the 3-month and 12-month moving averages as is coiled plate, cold rolled, galvanized and Galvalume/Aluminized.

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.