Steel Products Prices North America

ITA Intros New Steel Import License Collection System
Written by Brett Linton
November 5, 2020
The U.S. International Trade Administration has launched a new Steel Import Monitoring and Analysis (SIMA) System as of Oct, 13. This new system collects and publishes data on steel mill product imports and provides valuable information on steel trade within the United States.
The import monitor provides an early indication on steel imports by publishing near real-time aggregate data on products shipped to the United States. This data includes information collected from steel license applications and publicly released Census statistics. The data is displayed in tables and graphs for users to analyze various levels and changes in steel trade involving the United States. Additionally, SIMA provides data on U.S. steel mill exports, as well as imports and exports of select downstream steel products.
The International Trade Administration has published an instructional video covering the updated SIMA public monitor. It walks through how to navigate the new system, new functionality and features, and how to use the monitor. Click here to view the video: https://youtu.be/AUQuV5UkQgs
To access the new steel licensing portal and the new SIMA monitor, visit www.trade.gov/steel

Brett Linton
Read more from Brett LintonLatest in Steel Products Prices North America

SMU Price Ranges: HR slips, hopes for Q4 rebound still standing
SMU’s price ranges were mixed again this week as the market continues to seek a floor amid industry hopes for a Q4 rebound.

Nucor’s hot band list price holds at $875/ton
Nucor held its hot-rolled coil list price flat again this week, according to its Monday, Sept. 15 consumer spot price (CSP) notice.

Market says cutting interest rates will spur stalled domestic plate demand
Market sources say demand for domestic plate refuses to budge despite stagnating prices.

SMU Price Ranges: Some predict bottom is near as big discounts dry up
Sheet prices were mixed this week as some mills continued to offer significant discounts to larger buyers while others have shifted toward being more disciplined, market participants said.

SMU Price Ranges: Tags mixed as uncertainty weighs on market
SMU’s hot-rolled (HR) coil price held steady this week while prices for other sheet and plate products declined.