Steel import permits increase
Based on preliminary Census Bureau data, the
American Iron and Steel Institute (AISI) reported that the United
States imported a total of 1,971,000 net tons (NT) of steel in
1,568,000 NT of finished steel (up 25 percent
and 28 percent, respectively, vs. February final data). This
was the highest monthly total since January 2009. Finished steel
import market share was an estimated 19 percent in March.
Key finished steel products with significant
import increases in March 2010 compared to February include plate
in coils (up 67 percent), oil country goods (up 61 percent),
sheets and strip galvanized hot dipped (up 53 percent), cut-length
plates (up 51 percent) and hot rolled bars (up 40 percent).
In March, the largest volumes of finished
steel imports from offshore were from Japan (137,000 NT, up 19
percent), South Korea (109,000 NT, up 11 percent), Germany (83,000
NT, up 207 percent), China (58,000 NT, up 27 percent) and Australia
(57,000 NT, up 18 percent).