JULY 2010

Imports highest in nearly a year

Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the United States imported a total of 2,072,000 net tons (NT) of steel in April, inlcuding 1,672,000 NT of finished steel. This was the highest monthly total since January 2009. Annualized total and finished steel imports in 2010 would be 22.1 and 17.5 million NT, respectively.

Steel Imports

Key finished steel products with significant import increases in April 2010 compared to March include all other metallic sheet and strip (up 128 percent), reinforcing bars (up 101 percent), oil country goods (up 32 percent), line pipe (up 20 percent) and plates in coils (up 20 percent).