b'4American Journal of Transportation ajot.com(ROSYcontinued fromdemand,afterincreasingbybeen hit hard, leading to pro- Steel Imports by Country in MTpage 2) 2.35% year on year in MarchjectionsforweakMayand hasstrengthenedinrecentand falling 27% year on yearJunesales.ThatweaknessCountry of Origin Q1 2020 Q1 2019weeks,ChiefExecutiveoverJanuaryandFebruary.mayalsobepartiallybasedBrazil1,993,652.84 1,972,614.69 Officer Mike Henry said, in aEven with steel imports intoontheassessmentthatChi- Canada696,386.15 408,084.93 recent call with analysts andChinarisingby26.5%onnesesteelhaslostitsprice journalists, we expect othertheyearinMarch,Chinasedge to competitors in Russia,Japan688,094.98 391,059.75 majoreconomies,includingnet steel exports were downJapan, and South Korea. OnRussia416,814.66 454,345.16 the U.S., Europe, and India,1.64%ontheyearforthattheotherhand,ifChineseTrinidad & Tobago345,575.29 412,694.77 to contract sharply in the Junemonth, and down 21.33% ondomesticdemandcontin-ues to grow, which is by noSwitzerland319,472.76 676,629.03 Steel Imports by Ocean Carrier in MT meanscertain,steelimportsSouth Korea291,247.70 283,294.20 Oldendorff Carriers 440,886.97 609,417.45into China could be boostedMexico254,009.03 227,775.91 in the coming months. Romania218,446.26 46,130.35 Western Bulk Carriers AS276,990.53 638,113.29 Pan Ocean Co Ltd 195,076.07 173,055.83o Ptimism inus Turkey142,694.14 162,967.75 NewsoutoftheUnitedOthers1,205,512.50 2,873,401.54 Sk Shipping Co Ltd 133,493.43 335,583.58Statesprovidessomecause Toko Line 115,925.97 150,713.39foroptimismforironoreTotal6,571,906.31 7,908,998.08 Clipper Steel Services Ltd107,770.60 209,875.66producers like BHP but alsoSource: Descartes-DatamyneChina Navigation Co Pte Ltd62,368.07 -reasonsforhedging.Auto-Wagenborg Shipping BV46,975.31 356,093.74makersFordandGeneralUS Steel Imports by Port in MTMotors, both major consum-Saga Welco AS39,313.13 45,560.60ers of steel, were both set toU.S. Port Q1 2020 Q1 2019Federal Atlantic Lakes Line 30,006.98 -reopen most of their produc- Mobile, AL1,222,851.99 1,348,093.76 Others5,123,099.25 5,390,584.54tionfacilitiesonMay18.New Orleans, LA973,404.61 1,062,919.90 Fordannounceditwould Total6,571,906.31 7,908,998.08be working two, rather thanGramercy, LA935,296.48 680,998.44 Source: Descartes-Datamyne three,shiftsandrecallingCorpus Christi, TX585,006.92 105,768.00 12,000autoworkers. AllofBrownsville TX454,226.29 246,205.81 2020 quarter. the year during the first quar- FordsNorth Americanpro-But,Henryadded,Theter of 2020. ductionfacilitieshavebeenCharleston, SC438,769.04 460,300.82 situation remains fluid. Thesenumberspointtoclosed since mid-March duePhiladelphia, PA319,271.85 620,871.30 Indeed.Dataandanec- the fact that Chinese domesticto the COVID-19 pandemic.Freeport, TX 249,193.84 91,933.52 dotalinformationpaintademand recovered somewhatTheheavyequipment murkypictureforironandbeginninginearlyMarch,manufacturerCNHIndus- Houston, TX232,915.29 917,527.20 steelthisyear.S&PGlobalwhenthecountryreportedtrial,manufacturerofCaseVancouver, WA172,750.37 328,639.76 PlattsprojectsthatChinasithadlargelycontainedtheand New Holland agriculturalOthers988,219.63 2,045,739.57 finishedsteelexportswillvirus.However,sincetheandconstructionequipment,Total6,571,906.31 7,908,998.08 drop sharply in May and Junevirushasspreadaroundthe(ROSYcontinued on thanks to weak internationalworld,exportdemandhaspage 5) Source: Descartes-DatamyneSouth Jersey Port Corporation ADVANTAGESWorld-Class Deep-Water PortExcellent Highway & Rail AccessAlways Customer FocusedDiversified Cargo Handling and Services101 Joseph A. Balzano Blvd. Camden, NJ 08103 www.southjerseyport.com(856) 757-4969'