Steel Products Prices North America
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/media/k2/items/src/d4b12c05728517456678df1a7102de01.jpg)
Drill Down of Hot Rolled Imports into Product Detail
Written by Peter Wright
January 13, 2020
Premium subscribers to Steel Market Update have reports available on our website that break out the import tonnage into district of entry and source nation for six sheet and plate product categories. This report takes the total national tonnage of hot rolled and breaks it down into product detail.
Using U.S. International Trade Commission (USITC) data, SMU has taken the import tonnage of HRC and broken it down into sheet and strip, and whether it was in coil or leveled. Then it breaks the tonnage down into three gauge ranges. It breaks out how much was commercial HR, how much was commercial P&O, how much was high strength, how much was high strength P&O and how much had patterns in relief.
Through November 2019, of the total hot rolled sheet and strip imports into the U.S. only 5.5 percent was strip. Table 1 is a summary for 2019 through November of hot rolled imports showing gauge ranges and condition and the annual year-to-date total for sheet and strip in metric tons.
Figure 1 breaks the year-to-date hot rolled tonnage down into the five conditions itemized above that are identified in the HTS codes, showing 39.5 percent was commercial HR, 23.8 percent was commercial P&O, 29.1 percent was high strength, 5.3 percent was high strength P&O and 2.3 percent had patterns in relief.
Figure 2 does the same thing for three gauge ranges. Year to date by gauge range the sheet broke down to: 60.1 percent < 0.3mm, 30.9 percent 3 to 4.5 mm, 9.0 percent > 4.5mm thick.
Figures 3 and 4 break the HR sheet and strip tonnage down into coiled and leveled. Through November year to date, 92.4 percent was coiled sheet, 2.1 percent was flat sheet, 0.2 percent was coiled strip and 5.3 percent was flat strip.
Note: This data was accessed through the USITC database. All steel traded globally is classified by the Harmonized Tariff System (HTS). The HTS code has 10 digits. The first six are globally universal. The last four are used at the discretion of the nations involved in a particular transaction and are the basis of this report. The way the U.S. uses the last four digits to define products may be different from other nations’ product classification.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/04/peter-wright.png)
Peter Wright
Read more from Peter WrightLatest in Steel Products Prices North America
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/07/CRU-Logo-2023-07-21-at-4.35.41-PM.png)
CRU: Longs pricing trends diverge in North, South America
Most longs prices in the US were unchanged this month, except for rebar, which declined by $1.50/cwt ($30/short ton) m/m. While end-use demand is stable, inventories are well-stocked, keeping purchases limited. Domestic availability is sufficient to meet current demand, hindering the appetite for imported material. Meanwhile, prices for scrap remained under pressure in June, with […]
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Nucor.png)
Nucor cuts plate prices by $125/ton, cites ongoing competition
Nucor Corp. announced that its plate mill group would cut prices for as-rolled, discrete, and normalized plate with the opening of its August order book.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Nucor.png)
Nucor cuts HR price for fourth straight week
Nucor lowered its consumer spot price (CSP) for hot-rolled (HR) coil by another $10 per short ton (st) for the first week of July. The steelmaker said in a letter to customers on Monday that its CSP base price for the week will be $670/st for all of its sheet mills with the exception of California Steel Industries (CSI).
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Cliffs_logo2.2.png)
Cliffs sets $720/ton HR price with opening of August books
Cleveland-Cliffs on Tuesday announced its monthly hot-rolled (HR) coil price of $720 per short ton (st) with the official opening of its August order book. The rate is down from last month’s price of $800/st.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/07/CRU-Logo-2023-07-21-at-4.35.41-PM.png)
CRU: Demand weakness continues to weigh on global sheet markets
Demand has remained persistently weak across the globe for sheet steel, weighing on prices. US HR coil prices fell the furthest this week as high-volume, low-priced deals were transacted as mills looked to fill order books and competed with one another amid relative demand weakness. Meanwhile, European prices were also down due to low demand […]