Market Update





View Block

June 2022

U.S. Steel Beam Final Imports: Final beam imports to the U.S. came in at 23,338 tons for April 2022, down 48% since last month. South Korea was the largest exporter of beams with 9,978 tons this month (43%). The Columbia-Snake, OR port was the largest receiver of beams this month, receiving 6,719 tons.
U.S. Steel Rebar Final Imports: Final rebar imports to the U.S. came in at 162,223 tons for the month of March 2022, up 5.8% m/m. Algeria was the largest exporter of rebar with 64,506 tons this month (40%). The Houston-Galveston, TX port was the largest receiver of rebar this month, receiving 40,898 tons.
U.S. Steel Merchant Final Imports: Final merchant imports to the U.S. came in at 52,448 tons in March 2022, increasing 36% month over month (m/m). Mexico and Canada, combined, account for 93% of the total this month. Mexico was the largest exporter to the U.S. with 25,531 tons; Canadian imports came in at 23,321 tons. Laredo, TX was the largest receiver of merchants this month, receiving 19,734 tons of the total.
U.S. Fabricated Beam Final Imports: Final fabricated beam imports to the U.S. came in at 70,825 tons in March 2022, increasing 81% month over month (m/m). Mexico was the largest exporter of fabricated beams with 18,254 tons this month (26%). The New Orleans, LA port was the largest receiver of fabricated beams this month, receiving 14,635 tons.
U.S. Steel Beam Final Imports: Final beam imports to the U.S. came in at 44,535 tons for March 2022, up 50.2% since last month. South Korea was the largest exporter of beams with 27,894 tons this month (63%). The Los Angeles, CA port was the largest receiver of beams this month, receiving 17,585 tons.
U.S. Steel Capacity Utilization: The total tonnage for the week ending May 28th was 1.798 million net tons, at a capacity utilization rate of 82.4%. The year-to-date tonnage output is 38.996 million net tons, at an average capacity utilization rate of 80.9%. In 2021, the same output total was 38.578 million net tons, at an average capacity utilization of 77.4%.
a

Subscribe

To subscribe to the Market Update emails, please fill the form below.