US long products imports rise 7% in September

by Jessica Wagner on October 16, 2009

in Data,Geography,Nerds Only,Products & Markets

Based on reported import licenses, US long products imports rose 7% from 125,000 short tons in August to 134,000 tons in September. September 2008 long products imports were 233,000 tons.

Merchant bar, light shapes and beam imports all increased, with beam imports rising by 189% to 20,000 tons due to rises from Luxembourg, Spain and Korea. All other long product categories registered declines from August.

Long products licenses reported up to October 14th were 111,000 tons which indicates that October full month imports will be much higher than September’s. Wire rod licenses at October 14th are already at 74,000 tons compared to September full month licenses of 64,000 tons. This is due to Turkey re-entering the import market with 39,000 tons of wire rod license applications after importing little or no wire rod since January 2009.