May Import Market Share for Tubular and Long Products

This report examines the import share of tubular and long products shipments. Imports’ share of total tubular products rose to 47.9% in May, up from 46.6% in April. Total tubular imports rose by 6.4% month on month, while domestic shipments ticked up only slightly by 0.4% during the same period. Overall supply was up as well in May, totalling 549,547 tons or 3.2% higher than the month prior.

Total long products’ import market share was 11.9% in May, largely sideways compared to 11.8% in April. The lateral move month on month was due to a concurrent increase of 4.5% in domestic shipments and an increase of 5.8% in imports. Despite the small variation month on month, rebar import market share fell for the second consecutive month, while wire rod saw a 58.1% increase in imports in May.

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.