LOS ANGELES U.S. imports of steel beam products are on split paths so far this month, with wide-flange material poised to arrive at a brisker pace while standard beams lag March levels.
Import permit applications for both wide-flange and standard beams totaled 14,232 tonnes through April 16, according to data from the Commerce Departments Import Administration. In all of March, preliminary imports were 33,587 tonnes.
Import permit applications for wide-flange beams totaled nearly 11,689 tonnes through April 16 as the two largest suppliersSouth Korea and Luxembourgset a slightly higher pace than last month. Preliminary imports for all of March reached 16,468 tonnes.
South Koreawhich imported 7,700 tonnes in March and is the largest source of all foreign beams so far in 2013was licensed to supply 5,663 tonnes to the United States through mid-April. Import applications for wide-flange beams from Luxembourg amounted to 5,111 tonnes through April 16 compared with imports of 8,039 tonnes in all of March.
Meanwhile, standard beams have so far recorded a drop, with import applications reaching just 2,543 tonnes through April 16 primarily due to Russias absence. In March, Russia accounted for 7,704 tonnes of the 17,119 tonnes imported.
Luxembourgthe second-largest source of standard beams in March at 7,040 tonneswas licensed to supply 2,064 tonnes to the United States through mid-April.