April 2005

Steel imports for January 2005 decreased 18 percent

Newly released preliminary government figures covering steel imports for the month of January 2005 show that steel imports decreased 18 percent from December 2004 levels.

Total Steel Mill Products
The preliminary data released show that overall steel imports in January 2005 decreased 18 percent compared to December 2004. The change in January’s total amount of steel imports was due primarily to a decrease in wire rods, cold-rolled sheets, and hot dipped galvanized sheets. January 2005 imports of finished steel products decreased 26 percent compared to December 2004, while imports of semi-finished steel increased 20 percent.

January 2005 imports of steel mill products were up 2 percent compared to January 2004. January 2005 imports of finished steel were up 4 percent compared to January 2004, while semi-finished steel products decreased 3 percent compared to January 2004.

Hot-Rolled Steel
January 2005 imports of hot-rolled steel decreased 4 percent from their December 2004 levels but were up 29 percent compared to January 2004 levels.

Cold-Rolled Steel
January 2005 imports of cold-rolled steel decreased 37 percent compared to December 2004 levels and were up 86 percent compared to January 2004 levels.

Cut-to-Length Plate
January 2005 imports of cut-to-length plate decreased 45 percent compared to December 2004. January 2005 imports were down 6 percent.

Corrosion-Resistant Steel
January 2005 imports of corrosion-resistant steel decreased 28 percent compared to December 2004. January 2005 imports were up 139 percent.

Wire Rod
January 2005 imports of wire rod decreased 81 percent compared to December 2004 levels and were down 80 percent.

Heavy Structurals
January 2005 imports of heavy structurals increased 16 percent from their December 2004 level and were up 52 percent compared to 2004 levels.

Rebar
January 2005 imports of rebar decreased 21 percent compared to December 2004. January 2005 imports of these products were down 63 percent compared to 2004 levels.

Hot-Rolled Bar
January 2005 imports of hot-rolled bar decreased 16 percent compared to December 2004 but were down 20 percent compared to January 2004 levels.

Standard Pipe
January 2005 imports of standard pipe increased 9 percent compared to December 2004. January 2005 imports of these products were up 18 percent compared to January 2004.

Oil Country Tubular Goods (OCTG)
January 2005 imports of OCTG increased 8 percent compared to December 2004. January 2005 imports of these products were down 4 percent.

Semi-Finished Steel
January 2005 imports of semi-finished steel increased 20 percent compared to December 2004 and were down 3 percent compared to January 2004 levels. Imports of these products are used by U.S. steel companies to produce finished products.

EXPANDED BREAKOUT BY GRADE

Carbon Steel
Overall imports of carbon steel products in January 2005 decreased 17 percent from their December 2004 levels and were stagnant compared to January 2004 levels.

Imports of carbon hot-rolled steel in January 2005 decreased 4 percent compared to December 2004 and were up 25 percent compared to 2004 levels.

Imports of carbon cold-rolled steel in January 2005 decreased 40 percent compared to December 2004. January 2005 imports were up 102 percent.

Alloy Steel
Overall imports of alloy steel products in January 2005 decreased 22 percent compared to December 2004 and were up 5 percent compared to January 2004 levels.

Stainless Steel
Overall imports of stainless steel products in January 2005 decreased 21 percent from their December 2004 level and were up 45 percent compared to January 2004 levels.

Imports of stainless hot-rolled steel in January 2005 decreased 52 percent compared to December 2004.

Imports of stainless cold-rolled steel in January 2005 decreased 19 percent compared to December 2004. January 2005 imports were up 59 percent.

Imports of stainless hot-rolled bars in January 2005 decreased 10 percent compared to December 2004 and were up 67 percent compared to January 2004 levels.

Imports of stainless cold-finished bars in January 2005 decreased 4 percent. January 2005 imports were up 92 percent compared to January 2004.


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