April Steel Import Numbers Down 13.7 Percent from March

Washington, DC - Newly released preliminary government figures covering steel imports for the month of April 2002 show that steel imports decreased 13.7 percent from March 2002 levels.

Total Steel Mill Products

The preliminary data show that overall steel imports in April 2002 decreased 13.7 percent compared to March 2002. The decrease in April's total amount of steel imports was due primarily to a decrease in imports of semi-finished steel and cut-to-length plate. April 2002 imports of finished steel products decreased 9 percent compared to March 2002, and imports of semi-finished steel fell 28 percent.

April 2002 imports of steel mill products were down 29 percent compared to April 2001. April 2002 imports of finished steel was down 31 percent compared to April 2001, and semi-finished steel products were also down 22 percent compared to April 2001. January to April 2002 imports of steel mill products were up 6 percent compared to the same period in 2001.

January to April 2002 imports of finished steel were down three percent compared to the same period last year, while imports of semi-finished steel are up 41 percent.

Hot-Rolled Steel

April 2002 imports of hot-rolled steel decreased 13 percent from their March 2002 levels and were down 37 percent compared to April 2001 levels. January to April 2002 imports of hot-rolled steel were down seven percent compared to the same period last year.

Cold-Rolled Steel

April 2002 imports of cold-rolled steel decreased 16 percent compared to March 2002 levels and were down 61 percent compared to April 2001 levels. January to April 2002 imports of cold-rolled steel were down 29 percent compared to the same period last year.

Cut-to-Length Plate

April 2002 imports of cut-to-length plate decreased 62 percent compared to March 2002. April 2002 imports were down 36 percent compared to April 2001. January to April 2002 imports of cut-to-length plate were up 32 percent compared to the same period last year.

Corrosion-Resistant Steel

April 2002 imports of corrosion-resistant steel decreased two percent compared to March 2002. April 2002 imports of these products were down 27 percent compared to April 2001. January to April 2002 imports of corrosion-resistant steel were up 29 percent compared to the same period last year.

Wire Rod

April 2002 imports of wire rod decreased 12 percent compared to March 2002 levels but were up 27 percent compared to April 2001 levels. January to April 2002 imports of wire rod were up 20 percent compared to the same period last year. These products are the subject of current antidumping and countervailing duty investigations.

Heavy Structurals

April 2002 imports of heavy structurals decreased 28 percent from their March 2002 level and were down 23 percent compared to April 2001 levels. January to April 2002 imports of heavy structurals were down 22 percent compared to the same period last year.

Rebar

April 2002 imports of rebar rose five percent compared to March 2002. April 2002 imports of these products were down 67 percent compared to April 2001. January to April 2002 imports of rebar were down 0.2 percent compared to the same period last year.

Hot-Rolled Bar

April 2002 imports of hot-rolled bar rose 11 percent compared to March 2002 and were up 7 percent compared to April 2001 levels. January to April 2002 imports of hot-rolled bar were up 13 percent compared to the same period last year.

Standard Pipe

April 2002 imports of standard pipe increased six percent compared to March 2002. April 2002 imports of these products were down 36 percent compared to April 2001, and January to April 2002 imports of standard pipe were down 0.9 percent compared to the same period last year.

Oil Country Tubular Goods (OCTG)

April 2002 imports of OCTG decreased two percent compared to March 2002. April 2002 imports of these products were down 80 percent compared to April 2001. January to April 2002 imports of OCTG were down 59 percent compared to the same period last year. Semi-Finished Steel April 2002 imports of semi-finished steel decreased 28 percent compared to March 2002 and were down 22 percent compared to April 2001 levels. January to April 2002 imports of semi-finished steel were up 41 percent compared to the same period last year.