Prices
April 25, 2019
Final February Imports at 2.4M Tons; March and April Up
Written by Brett Linton
Final February steel import data was recently released by the U.S. Department of Commerce, putting the total monthly import level at 2.4 million net tons, down 30.1 percent compared to January’s 3.5 million ton high. The February figure is below both the three-month moving average (3MMA) and the 12-month moving average (12MMA).
When removing the semi-finished products from the mix (680,000 tons), the finished steel import levels drop to 1.8 million net tons, below both the 3MMA and 12MMA.
