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    Plate

    July 14, 2021

    May Import Market Share for Sheet and Plate Products

    Written by David Schollaert

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    Steel demand continues to outpace supplies in the U.S., leading to one price increase after another. Buyers are struggling to source enough steel to meet their customers’ needs and are hoping a surge of imports in the second half will provide some relief. May data shows the beginning of that trend as imports’ share of total sheet product shipments rose to 15.5%, up from 12.6% the month prior and the highest level in nine months. The market share of plate product imports in May slipped to 17.5%, down from a two-year high of 19.9% in April.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

    Read more from David Schollaert

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