U.S. Imports for Consumption of Steel Commodities as of March 2022.

The U.S. Census Bureau announced on April 25,2022 that preliminary March steel imports were $3.9 billion (2.8 million metric tons) compared to the preliminary February totals of $3.1 billion (2.1 million metric tons). The March change in steel imports based on metric tonnage reflected an increase in hot rolled sheets. Decreases occurred in used rails; electrical sheets and strips; and pipe and tubing. Increases occurred primarily with Canada. Decreases occurred primarily with Austria, Italy, and Germany. The year-to-date final statistics through February 2022 showed steel imports of 4.9 million metric tons compared with 3.9 million metric tons through February 2021. The largest commodity increases occurred with galvanized hot dipped sheets and strip and cold rolled sheets. Decreases occurred primarily in blooms, billets, and slabs; line pipe; and galvanized electrolyte sheets and strip. The largest country increases occurred with Mexico. Decreases occurred primarily with Brazil. The April report is scheduled for release on May 24, 2022. Yo may view the full report here: https://www.census.gov/foreign-trade/Press-Release/steel/steelp_2203.pdf

Weekly updates are available through quota Bulletins which can be discovered on U.S. Customs and Border Protection official website or by clicking here: https://www.cbp.gov/trade/quota/bulletins

CBP’s Modernization of ACE Portal as of April 2022:

U.S. Customs and Border Protection (CBP) is modernizing the Automated Commercial Environment Secure Data Portal (ACE Portal) over multiple phases in 2022. The modernization effort will entail the transition of existing functionality to an upgraded platform, offering easier use and better performance. The ACE Portal offers users real-time access to trade data through features such as ACE Reports, ACE account management, and electronic communication with CBP and Partner Government Agencies (PGA).

As of April 23, 2022, CBP has modernized the ACE portal by implementing the CBP forms application which delivers the capability to manage CBP’s form 28 (request for information), 29 (notice of action) and 4647 (notice to mark and/or notice to redeliver). Here’s the quick reference guide which provides detailed instructions on the new forms within the updated ACE portal: : https://www.cbp.gov/sites/default/files/assets/documents/2022-Apr/Modernized%20Forms%20-%20Trade.pdf

To view the full plan for ACE portal modernization, use the following link:  https://www.cbp.gov/trade/automated/ace-portal-modernization

If you have any questions, please do not hesitate to contact us here.







Leave a Reply

We look forward to assisting you with your trade finance and logistical needs.