Steel Products Prices North America
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/media/k2/items/src/d32166165582ab5af838f97b280ec2d4.jpg)
Flat Rolled Imports by District of Entry and Source Nation Through June 2020
Written by Peter Wright
August 11, 2020
The analysis breaks down the imported tonnage of six flat rolled products into the district of entry and the source nation. We believe that misinformation (or lack of) about local import volume is often used to influence purchase decisions. Our intent with this analysis is to describe in detail what is going on in a company’s immediate neighborhood and thus provide a negotiating advantage for our subscribers.
Premium members will find reports on our website that break down the import tonnage in 2020 through June into the port of entry and country of origin in metric tons. Products analyzed in this way are HRC, CRC, HDG sheet, OMC sheet, CTL plate and coiled plate. This data set is large; therefore, we will make no attempt to provide a commentary. Each reader’s interest will be different and he or she simply needs to select one of the six products, then find the nearest port or ports of entry to see how much came into their locality each month and from where. Monthly data is provided back to January 2018. It is clear from these detailed reports and from our companion reports by region that the change in tonnage entering a particular district in most cases is completely different from the change in volume at the national level.
Here are some examples to illustrate why this information can be actionable: Coiled plate imports were down by 32 percent nationally, but New Orleans was down by 100 percent and Houston was down by 60 percent, while Detroit was up by 11 percent. Hot rolled coil was down by 14 percent through June, but Houston was down by 73 percent and Detroit was up by 25 percent. New Orleans has received zero tonnage of hot rolled in 2020 and only received 133 tons in the last five months of 2019.
The table included here is a small part of the detailed analysis of the hot dipped galvanized sheet tonnage by district of entry and source nation. The bar graph shows the tonnage of HDG sheet that entered the top 10 districts through June year to date for 2019 and 2020 ranked by 2020 tonnage. These 10 districts accounted for 89 percent of the total HDG sheet tonnage in 2020 through June.
The data in these detailed reports is compiled from tariff and trade data published by the U.S. Department of Commerce and the U.S. International Trade Commission. Our national level import reports are sourced from U.S. Department of Commerce, Enforcement and Compliance, aka the Steel Import Monitoring System. In the development of these reports by district and source country, we have discovered that the SIMA data for HRC and CRC contains some high-alloy steels such as stainless and tool steel, which have been misclassified at the ports. These alloy steels are not included in our detailed reports, which results in a small discrepancy between the two data sets, for CRC in particular and for HRC to a lesser degree.
![](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 […]