March steel imports up 1.2%
Based on preliminary Census Bureau data, the American Iron and Steel
Institute (AISI) reported that the United States imported a total of
2,513,000 net tons (NT) of steel in March 2008, including 2,064,000 NT
of finished steel (up 1 and 7 percent, respectively, vs. February final
data). While total and finished steel imports through the first quarter
of 2008 are both down 12 percent vs. the same period in 2007, total and
finished steel imports are up 8 and 13 percent, respectively, compared
to the previous quarter.
Key products with large increases in March compared to the month before
include: plates cut lengths (up 81%), standard pipe (up 69%), oil country
goods (up 47%), galvanized hot dipped sheets and strip (up 45%), mechanical
tubing (up 35%), plates-in-coil (up 27%) and tin plate (up 24%).
For the first three months of 2008, products showing increases vs.
the same period in 2007 were line pipe (up 43%), oil country goods (up
14%) and heavy structural shapes (up 9%).