U.S. Steel Merchant Final Imports: Merchant final imports to the U.S. came in at 26,439 tons in December 2019, down 3.2%% month over month (MoM).
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 October 2019 with 34,165 tons of imports reported.
Figure 2 charts the largest exporting countries in rank order through December 2019. Mexico and Canada combined account for 87.3% of the total in December 2019. Mexico was the largest exporter with 12,755 tons. Canadian imports came in at 10,316 in December 2019.
Figure 3 charts the largest imports by district entry to the US in rank order through December 2019. Laredo, TX port was the largest receiver of U.S. merchants in December 2019, receiving 9,344 tons of the total 26,439. Detroit, MI port was the second largest receiver coming in at 5,165 tons and the El Paso, TX port was the third largest receiver coming in at 3,594 tons. Together, these top three receiving ports collected 64.5% of all U.S. merchant 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.