February 2018

U.S. Merchant Steel Import Licenses

Total Merchant licenses, (representing 10 HTS codes), year to-date, (YTD) through February 20th totaled 108,918 tons, down 39,955 tons or 26.8% from last year’s 188,873 tons. Month to-date, there have been a total of 42,475 tons of Merchant license requests, 42.8% lower than February 2017 volume of 74,239 tons. Figure 1 shows the overall total [...]

Automotive Sales

Data from the Bureau of Economic Analysis (BEA), shows that total light (cars and light truck/SUVs), vehicle sales in December were at a seasonally adjusted annual rate, (SAAR) of 18.237 million (M), units, up 383,000 units or 2.1% from November. On a three month moving average (3MMA), basis sales were tracking at 18.178M, down 1.2% [...]

U.S. Service Center Shipments

On a three month moving average, (3MMA) basis, total carbon steel shipments averaged 140.3, climbing 4.6% year on year, (y/y). Bar & shapes, plate and structural shipments led the advance, each recording double-digits percentage increases. Table 1 shows percentage change results for shipments, daily intake and inventory level. In all cases the percentage change references [...]