Posts tagged as:

USA

US flat products imports drop 18% in April

May 14, 2009

Based on reported import licenses, flat products imports into the US declined 18% from 488,000 short tons in March to 402,000 tons in April. Cut plate imports dropped 19% to 30,000 tons, hot rolled imports declined 30% to 160,000 tons, and hot dip galvanized imports fell 16% to 102,000 tons. Only cold rolled imports increased, […]

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US flat products imports declined 6% in March

April 23, 2009

Based on recorded import licenses, flat products imports into the US dropped 6% from 548,000 short tons in February to 515,000 tons in March. This minor change in the total imports volume masks more significant volume changes in individual products. Cut plate imports continued their sharp decline dropping 50% between February and March to 36,000 […]

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AK Steel Q1 2009 results

April 22, 2009

AK Steel reported Q1 2009 results yesterday.  See the company’s press release here.  As expected operating income and EBITDA fell dramatically, along with AK’s quarterly shipments.  EBITDA per ton was ($58) in Q1 2009, down from $142 in Q1 2008 and $57 in Q4 2008. It will be interesting to see how the rest of […]

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US long products imports climb 16% from February low

April 20, 2009

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Steel demand forecast for the US 2009-2013

April 7, 2009

Last week I spoke at the AMM Steel Tube & Pipe conference in Houston.  My presentation was titled “Return of the Evil Banana” and provides a forecast of 2009-2013 steel demand in the US.  The forecast is based on a proprietary First River model which relates steel demand in the US to NA automotive production […]

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US flat products imports rose 4% in February

March 24, 2009

Based on reported import licenses, US flat products imports rose by 4% in February to reach 553,000 short tons compared to January actuals of 532,000 tons. This small change in the total flat products import level masks a 41% decline in cut plate imports to 66,000 tons and a 29% rise in hot roll imports […]

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