U.S. Steel Beam Final Imports: Beam final imports came in at 4,884 tons for December 2019, down 54.0% m/m. 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 – December 2019. When comparing year to date figures, it shows that beam imports peaked in May 2019 with 57,934 tons of imports reported.
Figure 2 also charts the largest exporting countries to the US through December 2019. Mexico was the largest exporter of beams with 3,600 tons in December 2019, Luxembourg was the second largest exporter with 821. Spain was the third largest beams exporter to the US with 184, up significantly from last month’s 22 ton. Together these three exporters accounted for 94% of the total.
Figure 3 also charts the largest imports by district of entry to the US through December 2019. Laredo, TX port was the largest receiver of U.S. beams in December 2019, receiving 3,279 tons of the total 4,884. Houston-Galveston, TX port was the second largest receiver coming in at 605 tons. Boston, MA port was the third largest receiver coming in at 244 tons. Together, these top three receiving ports collected 84.5% 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.