Beam final imports to the U.S. were up 2.0% year to date (YTD), year on year (y/y), totaling 403,437 tons for the eight months ending August 2017. For the month of August, Beam imports totaled 59,571 tons up 18.1% from the YTD average of 50,430.

beam-import-finalFigure 1 charts the largest exporting countries in rank order on a YTD basis through August for both 2016 and 2017. Korea was the largest exporter at 107,238 tons to the U.S. YTD, up 6.0% YTD y/y. For the month of August, Korea’s volume was up 21,325 tons, 59.0% higher than its YTD average. Luxembourg sent 104,364 tons YTD, up 41.5% YTD y/y. For the month of August, Luxembourg’s volume was 10,921 tons 16.1% lower than its YTD average of 11,460 tons. Spain ranked third YTD with 76,512 tons YTD, falling 4.3% y/y. For the month of August, Spain’s’ exports jumped 73.0% over its YTD average to 9,564 tons to 16,591 tons. The three country total of Korea, Luxembourg and Spain accounts for 71.4%, (288,114 tons) of YTD U.S. beam imports.

The United Kingdom exported 31,047 tons, surging 86% over its YTD 2016 tonnage. Volume in August was only 180 tons, after last month’s 10,304 tons. The UKs YTD average was 2,880 tons. Mexico, sent 18,695 tons of beams to the U.S. YTD, down 36.5% y/y. In August, Mexico’s volume was 2,028 tons, 13.2% lower than its 2,337 YTD ton average. Canada was the next largest with 16,508 tons, up 19.9% YTD y/y. Volume for the month of August was 2,636 tons, 27.7% lower than its 2,064 YTD average. The UAE sent 16,102 tons of beams to the U.S. up 7.4% YTD y/y. Shipment volumes have been very erratic ranging from zero tons shipped in February and April and July to 6,252 tons in January. The UAE was back in August exporting 3,182 tons of beams to the U.S. market.

Taiwan shipped 14,850 tons thus far in 2017, up 23.9% YTD y/y. For the month of August Taiwan sent 1,908 tons, 2.8% lower than its YTD average. Germany exported 13,223 tons through August, down 23.6% YTD y/y. August volume of 306 tons, was 81.5% less than its YTD average tonnage of 1,653 tons. Brazil exported 2,236 tons of beams to the U.S. YTD up 124% y/y. Brazil did not send any tons in August, its YTD average tonnage through August was 280. Brazil has only sent beams in three of the 8 months thus far in 2017. China rounded out the top ten beam exporters with 1,890 tons YTD, up 95% YTD y/y. August exports from China were 380 tons, vs. an average of 236 tons YTD.

Eight other countries exported a combined total of 774 tons, of beams to the US market YTD 2017. This is substantially lower than the 34,224 tons exported from the same country’s YTD 2016. In 2016 YTD, Russia shipped 26,261 tons of beams to the U.S., while Japan shipped 4,693 tons.

Houston-Galveston was the largest receiving port, offloading 89,427 tons YTD, up 27.6% YTD y/y. Los Angeles held the number two spot with 75,396 tons, up 0.6% YTD y/y. Boston ranked third with 33,962 tons up 4.3% YTD y/y.

Philadelphia was the next largest port bringing in 29,501 tons YTD, an increase of 0.8% y/y. Mobile received 20,850 tons, down 41.5% YTD y/y. Detroit took in 16,611 tons YTD, a 6.3% y/y increase. Chicago offloaded 15,386 tons, up 14.3%, YTD y/y. New Orleans, took-in 14,238 tons, a 216% YTD y/y increase. Columbia-Snake OR had just three months of receipts YTD, in March, May and August totaling 14,087tons, off 4.0% y/y. San Francisco landed 12,773 tons of U.S. Beams, a 0.4% YTD y/y increase. Duluth unloaded 12,657 tons, spiking 142 % YTD y/y. Laredo TX was next with 12,022 tons, tumbling 42.1 % YTD y/y. Seattle took-in 6,757 tons YTD, a 9.2% y/y increase. Tampa offloaded 6,374 tons through August, 9.2% higher than in the first eight months of 2016.

Seventeen additional ports combined to receive 36,792 tons of beam imports thus far in 2017, 9.1% of the total volume YTD. Beams imports YTD2016 from the same 17 country’s was 45,390, 18.9% greater.

At Gerdau we closely follow trade in long products steel since it has a profound impact on domestic market share and material pricing. We want you, our valued customers to have access to current information that can help you better plan and operate your businesses.