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    Foreign Steel Import Licenses Trending Below 2 Million Net Tons

    Written by Brett Linton


    Imports of “finished” foreign steel are trending below 2 million net tons for the month of July. Overall, the trend, based on the first two weeks of license data for all products, is for a 3.2 million net ton month. SMU believes these numbers are overstated due to the opening of a new quarter and steel being released from customs quota hold (see slab comments below).

    Import Trend for HR, CR, GI and AZ

    Brett Linton

    Read more from Brett Linton

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    Nucor increases spot HR to $1,240/ton

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