Insight
US steel market under pressure from imports
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Report summary
US steel imports have been rising and at the heart of this issue has been persistently high US price premium over the rest of the world. The high US domestic prices were achieved due to a combination of strong domestic demand, high industry consolidation and low exposure to imported raw materials which US steel producers have used to their full advantage. However, the US price advantage might be gradually coming to an end...
What's included
This report contains
Table of contents
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Executive summary
- Imports on the rise
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What is behind the surge in imports?
- 2013 steelmaking costs, US$/tonne
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US response to date
- Trade cases initiated by the US against steel products since May 2013
- Steel prices and premia, US$/tonne
Tables and charts
This report includes 11 images and tables including:
Tables
- US steel market under pressure from imports: Table 1
- US steel market under pressure from imports: Table 2
Images
- US steel market under pressure from imports: Image 1
- Imports from China and Europe up most
- US HRC prices have been creeping up and now significantly exceed those in China and Europe
- US steel market under pressure from imports: Image 4
- US steel demand stronger than in Europe and China
- US steel market under pressure from imports: Image 6
- US steel market under pressure from imports: Image 7
- Chinese steel exports: high in volume, but not high in proportion
- Exports to the US and the EU account for less than 10% of total exports
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