US Beam Final Imports
U.S. Steel Beam Final Imports: Beam final imports to the U.S. came in at 27,997 tons for January 2021, up significantly since last month. These include: Angles, Shapes and H Sections, Angles, Shapes and I Sections, Iron and Non-Alloy Steel, Hot-rolled, and Other H Sections.
Figure 1 further breaks down total beam final imports from January 2019 – January 2021. When looking at the current month, we last see a comparable number of imports in October 2020.
Figure 2 also charts the largest exporting countries to the U.S. through January 2021. The United Arab Emirates was the largest exporter of beams with 14,781 tons in January (53%); South Korea was the second-largest exporter with 6,849 tons. Mexico was the third-largest beams exporter to the U.S. with 3,709 tons. Together these three exporters accounted for 91% of the total.
Figure 3 also charts the largest imports by district of entry to the U.S. The Houston-Galveston, TX port was the largest receiver of beams in January, receiving 13,511 tons of the total 27,997. Boston, MA was the second-largest receiver coming in at 6,678 tons. Laredo, TX was the third-largest receiver coming in at 2,276 tons. Together, these top three receiving ports collected 80% 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.