U.S. Steel Beam Final Imports
U.S. Steel Beam Final Imports: Final beam imports to the U.S. came in at 9,234 tons for March 2021, down 57% since last month. These include: Angles, Shapes and H Sections, Angles, Shapes and I Sections, Angles H Sections Iron and Non-Alloy Steel Hot-rolled, and Other H Sections.
Figure 1 further breaks down total beam final imports from January 2019 – March 2021. When looking at the current year, it shows that beam imports peaked in January with 27,997 tons of imports reported.
Figure 2 also charts the largest exporting countries to the U.S. through March 2021. Mexico was the largest exporter of beams with 3,228 tons this month. Canada was the second-largest exporter with 3,016 tons. South Korea was the third-largest beams exporter to the U.S. with 2,562 tons. Together these three exporters accounted for 95% of the total.
Figure 3 also charts the largest imports by district of entry to the U.S. The Philadelphia, PA port was the largest receiver of beams this month, receiving 2,472 tons. Laredo, TX was the second-largest receiver coming in at 1,881 tons. Duluth, MN was the third-largest receiver coming in at 1,490 tons. Together, these top three receiving ports collected 63% 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.