SBQ final imports to the U.S. were up 18.8% year to date (YTD), year on year (y/y), totaling 393,263 tons for the nine months ending September 2017. September SBQ imports came in at 37,135 tons, 15.0% lower than the 43,695ton YTD average volume.

sbq-final-importsFigure 1 charts the largest exporting countries in rank order on a YTD basis through September for both 2016 and 2017.

Canada was the largest exporter with 121,889 tons, up 5.0% YTD y/y. September’s volume at 10,121 tons, was 25.3% less than its 13,543 ton YTD average volume. Germany sent 65,899 tons to the U.S. YTD, up 16.4% y/y. September exports were 7,435 tons, 1.5% greater than the 7,322 ton average for the year. France ranked third YTD with 52,924, up 43.0% YTD y/y. For the month of September, French SBQ exports to the U.S. were 6,527 tons, 13.1% higher than its YTD average of 5,769 tons. Spain exported 25,595 tons YTD, gaining 9.3% YTD y/y. September volume came in at 1,480 tons, 47.9% less than its YTD average volume of 2,843 tons. Brazil sent 21,150 tons of SBQ to the U.S., surging 393% YTD y/y. September volume was 424 tons, down 82.0% compared to its 2,350 ton YTD average volume.

China exported 20,319 tons of SBQ, jumping 78.5% YTD y/y. Volume for the September was 3,449 tons, up 47.5% from its 2,258 ton monthly average over the first nine months of the year. Italy exported 18,030 tons of SBQ products to the U.S. YTD, up 31.3% y/y. September volume was 1,493 tons, 25.5% less than its YTD average of 2,003 tons. Korea sent 14,348 tons, up 16.9% y/y. Volume for the month of September was 1,392 tons, 12.7% below its YTD average of 1,594 tons. The United Kingdom’s YTD volume of SBQ exports to the U.S. was 11,297 tons, 40.1% less than YTD 2016. September’s exports were 894 tons, 28.8% lower than its YTD average of 1,255 tons. Turkey exported 9,512 tons of SBQ to the U.S. through September, advancing 7.0% y/y. Turkey sent 2,033 tons of SBQ bars to the U.S. in September, about half of its YTD average of 1,058 tons.

These top ten countries account for 91.5% of the total SBQ intake. There were 22 other countries that exported a combined 33,300 tons of SBQ YTD 2017. Year to date last year the same 22 country’s total import quantity was 27,105 tons. The top 10 YTD 2016 accounted for 91.8%.

SBQ is broken down into seventeen HTS codes. Leaded coil was the HTS code with the largest import volume at 69,477 tons, up 22.1% YTD y/y. Rounds, (0.25 – 0.6 carbon) came in at 62,771 tons, down 0.1% YTD y/y was the second largest. Rounds, (>3” diameter, 0.25 carbon) at 35,580 tons up 6.1% YTD y/y was the next largest category.

Detroit was the largest receiving port, offloading 110,508 tons YTD, up 13.2% YTD y/y. Chicago held the number two spot with 55,155 tons, gaining 15.4% YTD y/y. Buffalo ranked third with 51,912 tons declining 4.7% YTD y/y. Houston/Galveston was the next largest port bringing in 35,004 tons YTD, an increase of 88.7% YTD y/y. New Orleans, received 29,893 tons, climbing 11.7% YTD y/y. Miami took-in 16,953, YTD y/y, up from just 650 YTD 2016. Miami did not bring in any tons in September. New York was the 7th largest receiver of U.S. SBQ with 15,363 tons, up 9.6% YTD y/y. St. Albans VT offloaded 14,148 tons, up 35.2% YTD y/y. Mobile was next with 7,503 tons, surging 127% YTD y/y. Rounding-out the top 10 was Savannah, bringing in 7,500 tons, falling 27.6% YTD y/y.

All other ports combined to receive 56,824 tons of SBQ imports thus far in 2017, 14.4% of the total volume YTD. Year to date 2016 the same country’s combined shipments was 57,375 tons very close to the same as this year but representing a higher, (17.3%) of YTD 2016 total SBQ imports.

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