Steel Products Prices North America
SMU Imports Report: Other Metallic Coated Sheet
Written by Peter Wright
June 18, 2019
SMU now offers a comprehensive series of import reports ranging from the first look at licensed data to the very detailed look at volume by district of entry and source nation. The report you are reading now is designed to plug the gap between these two. Our intention is to report regional imports for six flat rolled products every other month. This month (June), we are reporting through April.
National level import reports do a good job of measuring the overall market pressure caused by the imports of individual products. The downside is that there are huge regional differences. We believe that buyers and sellers should have an understanding of the regional differences. For example, year to date through April, total other metallic coated imports (mainly Galvalume) were down by 9.8 percent, but the Pacific North was down by 78.0 percent and the Great Lakes region was up by 120.7 percent.
Figure 1 shows the year-to-date tonnage into each region and the huge variation between them. Figure 1a presents the same data as a pie chart.
Figure 2 shows the year-to-date change for each of seven regions and the change at the national level. Volume declined this year through April in four regions and increased in three regions.
Figures 3, 4, 5 and 6 show the history of OMC coil imports by region since March 2013 on a three-month moving average basis. Note, the Y axis scales are not the same.
Regions are compiled from the following districts (we will report on tonnage by district and source nation next month):
Atlantic North—Baltimore, Boston, New York, Ogdensburg, Philadelphia, Portland ME, St. Albans and Washington, D.C.
Atlantic South—Charleston, Charlotte, Miami, Norfolk and Savannah.
Great Lakes—Buffalo, Chicago, Cleveland, Detroit, Duluth, Great Falls, Milwaukee, Minneapolis and Pembina.
Gulf—Houston, New Orleans, Mobile, San Juan, St. Louis and Tampa.
Pacific North—Anchorage, Columbia Snake, San Francisco and Seattle.
Pacific South—Los Angeles and San Diego.
Rio Grande Valley—Laredo and El Paso.
Peter Wright
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