Posts tagged as:

USA

US long products imports rise 9% in June

July 17, 2009

Based on reported import licenses, US long products imports rose 9% from 98,000 short tons in May to 108,000 tons in June. To put this in perspective, long products imports in June 2008 were 269,000 tons and in June 2007, 496,000 tons. There were some significant changes within the product categories. Rebar imports dropped 59% […]

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US steel industry capacity utilization over 50%

July 14, 2009

Lots of people are watching the AISI’s weekly utilization data very closely, including us. I referred in a recent post how anemic the improvements in capacity utilization have been and the improvement is indeed slow. But we passed a kind of milestone last week. According to the AISI, the US steel industry got above 50% […]

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Could the steel industry recession be over?

July 1, 2009

Well it might be – technically. Plenty of people seem to want to say it is in the broader economy. On June 10th the UK’s Guardian newspaper reported the UK recession as being over. Then a week later Liz Sonders, Chief Investment Strategist at Charles Schwab said the US recession is over. There have been […]

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US flat products imports drop another 19% in May

June 19, 2009

Based on reported import licenses, flat products imports into the US declined 19% from 433,000 short tons in April to 351,000 tons in May. This compares to 816,000 tons of flat products imports in September 2008 when we started collecting the license data. Cut plate, hot roll, cold roll, and hot dip galvanized imports all […]

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US long products imports rise 3% in May

June 18, 2009

Based on reported import licenses, US long products imports rose 3% from 97,000 short tons in April to 100,000 tons in May. This can be compared to 242,000 tons of long products imports in May 2008. The most significant changes by product category were a rise in rebar imports from 31,000 tons in April to […]

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US long products imports fall 45% in April

May 20, 2009

As predicted in an earlier post, US long products imports in April dropped to a new historical low. Based on reported import licenses, US long products imports dropped 45% from 168,000 short tons in March to 92,000 tons in April. About 74,000 tons of this decline come from a 73% reduction in rebar licenses compared […]

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