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ScrapMonster
Steel News December 17, 2014 06:35:51 AM

Foreign steel outpours in U.S ports

Paul Ploumis
ScrapMonster Author
For the past few months, there has been a bulk increase in foreign steel imports on US ports. The reports from last month showed that the foreign imports had topped up to 4 million net tons, and based on Foreign Steel License Data published by the US Department of Commerce, states that this month the amount is going to exceed the latter.

Foreign steel  outpours in U.S ports

LONDON (Scrap Monster): The port of Huston is straining under the import of Galvalume sheets,  galvanized steel and cold rolled steel.  The warehouse manager of Port Huston warehouses, said that all the warehouses, including docker stevedore warehouses and public warehouses were completely filled out.

Many longstanding import customers were turned down by the warehouses, as the inside storages were also filled. Inside storages are mainly used to fill specialty materials and weather sensitive metals. Even though the Huston port is the most congested, other ports like Savanah port is also filled. The sudden rush of import goods is due to the increase in tonnage of the regular customers.

According to the reports from Port Huston from June to July 2014 there have 43% increase in the imported steel department. The most important reason of the problems faced due to storage facility is the unavailability of trucks to move the goods from the warehouses. Moreover, the moving equipments are also priced very high. This problem is being faced at Savanah and North Orleans also.

Lack of transportation facility is also causing delay in deliveries. Many plants have already shut down due to the unavailability of raw materials from the port.

The customers used to get their raw materials directly from the inventories when Port Huston used to have one. But since the delivery system has come into the practice the customers never get their steel on time. 

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