U.S. Department of Commerce Releases Enhanced Global Steel Trade Monitor to Help American Industry Better Track Markets
For Immediate Release: Friday, September 20, 2019
Contact: Enforcement & Compliance Communications (202) 482-0063
WASHINGTON – Today, the U.S. Department of Commerce announced the release of an enhanced version of its popular interactive Global Steel Trade Monitor.
The improvements to the monitor, developed by the U.S. Department of Commerce’s Enforcement and Compliance unit within the International Trade Administration, now allow users to create graphs and charts to compare changes in trade patterns between two steel trading countries or two groups of steel products at one time, a function not previously available. Having the ability to conduct such comparative analysis gives industry greater insight into how steel exporting countries and steel importing countries react to changes in global market conditions.
As with the original monitor, this enhanced version can generate more than 20,000 detailed charts for five standard aggregate steel mill product categories: flat, long, pipe and tube, semi-finished, and stainless products across the top 20 global steel importing and exporting countries. It also allows data views of these selected trade flows in both volume and value for users to conduct their own further analysis. The monitor is updated regularly and was designed to supplement the Department’s comprehensive Global Steel Monitor Country-Specific Reports.
The original interactive monitor was launched in September 2018. The site receives thousands of hits every month and, in peak months, nearly 30,000 hits. The enhanced version of the Global Steel Interactive Trade Monitor is now available. For additional information, please e-mail ECGlobalSteelStats@trade.gov.