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JULY 2006

 

Year-to-date steel imports climb to 14.8 million tons

Washington, DC— Based on preliminary Census Bureau data for April, the American Iron and Steel Institute (AISI) reported that the United States imported a total of 3,573,000 net tons (NT) of steel in April 2006, including 2,959,500 NT of finished steel. Year-to-date (YTD) imports in these categories climbed 29 and 27 percent, respectively, compared to YTD imports for the same period in 2005. April 2006 finished imports jumped 22 percent compared to April 2005.

Imports chart

Looking at a three-month rolling average (the most recent three month period compared to the previous three month period), the trend shows that finished steel imports overall are up 31 percent, with notable increases in black plate (up 177 percent), galvanized electrolytic sheets and strip (up 104 percent), reinforcing bars (up 97 percent), structural shapes (up 80 percent), cold- rolled sheets (up 69 percent), tin plate (up 29 percent) and hot-rolled sheets (up 28 percent).

Key products with large increases in April compared to the month before include black plate (up 110 percent), tin plate (up 49 percent), bars – light shapes (up 33 percent), bars – cold finished (up 32 percent), plates in coils (up 31 percent) and pressure tubing (up 26 percent). Products with sizable YTD increases compared to 2005 include reinforcing bars (up 139 percent), heavy structural shapes (up 92 percent), bars – light shapes (up 51 percent), cold-rolled sheets (up 45 percent), plates cut to length (up 39 percent), oil country goods (up 36 percent), galvanized hot dipped sheets & strip (up 30 percent) and hot-rolled sheets (up 28 percent).


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