August 16 data from the US Department of Commerce, Enforcement and Compliance shows that for the month of July, the US imported 107,443 mt (license data) of line pipe, with the two most significant offshore sources being Korea, at 39,604 mt and Japan, at 23,846 mt.
In July 2015, data shows that the US imported 204,969 mt (census data) of line pipe, with the two most significant offshore sources recorded as being Korea, at 45,105 mt and Greece, at 43,400 mt.
Current US import line pipe offer prices from Korean steelmakers for API X-42 ERW line pipe are unchanged since our last report a week ago and are still being heard at $26.50-$27.50 cwt. ($584-$606/mt or $530-$550/nt), DDP loaded truck in US Gulf coast ports.
In terms of domestic offer prices for API X-42 ERW line pipe, those have also remained lateral at approximately $40.00-$42.00 cwt. ($882-$926/mt or $800-$840/nt), ex-Midwest mill.