US long products imports drop marginally in August

by Jessica Wagner on September 17, 2008

in Data,Geography,Products & Markets

US long products imports licenses dropped to 207,000 short tons in August compared to July actuals of 212,000 tons. This is due mainly to lower licenses for importers of rebar (where licenses reached 69,000 tons in August compared to July actuals of 97,000 tons) and wire rod (62,000 tons licenses in August compared to 87,000 tons July actuals). You will also notice in the data below that July license applications were (unusually) much higher than actual July imports by 28%. This was mainly the result of wire rod imports which were much lower at 36,000 tons than wire rod licenses at 87,000 tons, most likely because of turmoil related to the June 3rd US International Trade Decision on sunset reviews for wire rod imports.