Beam final imports came in at 36,245 tons for July 2019, up 8.5% Mom. These include: Angles, Shapes and H Sections, Angles, Shapes and I Sections, Angles H Sections Iron and Non-Alloy Steel Hot-rolled, and Other H Sections.
Figure 1 further breaks down total final beam imports from January 2019 – June 2019. When comparing year to date figures, it shows that beam imports peaked in May19 with 57,934 tons of imports reported.
Figure 1 also charts the largest exporting countries through July 2019. Luxembourg was the largest exporter of beams with 18,583 tons in July 2019, South Korea was the second largest exporter with 9,574, up significantly from last month’s 577 tons. Canada was the third largest beams exporter to the US with 2,625. Together these three exporters accounted for 88% of the total.
Laredo, TX port was the largest receiver of U.S. beams in July 2019, receiving 9,030 tons of the total 39,655. St. Albans, VT port was the second largest receiver coming in at 7,394 tons. Houston-Galveston, TX port was the third largest receiver coming in at 2,822 tons. Together, these top three receiving ports collected 49% of all U.S. beam imports
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.