April Steel Imports Decrease Slightly

Washington, DC - Newly released preliminary government figures covering steel imports for the month of April 2001 show that steel imports decreased three percent from March 2001 levels.

Total Steel Mill Products

The preliminary data show that overall steel imports in April decreased three percent compared to March 2001. The decrease in April's imports was due primarily to a decrease in imports of wire rod, rebar and semi-finished steel. April imports of finished steel products rose three percent compared to March 2001, while imports of semi-finished steel fell 23 percent.

April 2001 imports of steel mill products were down 34 percent compared to April 2000. April 2001 imports of finished steel products were down 25 percent compared to April 2000 while semifinished steel imports were down 55 percent. January to April 2001 imports of steel mill products are down 31 percent compared to the same period in 2000. January to April 2001 imports of finished steel are down 26 percent compared to the same period last year, while imports of semifinished steel are down 45 percent.

Hot-Rolled Steel

April 2001 imports of hot-rolled steel increased 22 percent compared to March 2001. April 2001 imports of hot-rolled steel were down 66 percent compared to April 2000. January to April 2001 imports of hot-rolled steel are down 60 percent compared to the same period last year. These products are the subject of current antidumping and countervailing duty investigations.

Cold-Rolled Steel

April 2001 imports of cold-rolled steel increased 13 percent compared to March 2001. April 2001 imports of cold-rolled steel were up 15 percent compared to April 2000. January to April 2001 imports of cold-rolled steel are up 11 percent compared to the same period last year.

Cut-to-Length Plate

April 2001 imports of cut-to-length plate increased 22 percent compared to March 2001. April 2001 imports are down 20 percent compared to April 2000. January to April 2001 imports of cut-to-length plate are down 4 percent compared to the same period last year.

Corrosion-Resistant Steel

April 2001 imports of corrosion-resistant steel increased nine percent compared to March 2001. April 2001 imports of these products are down 19 percent compared to April 2000. January to April 2001 imports of corrosion-resistant steel are down 25 percent compared to the same period last year.

Wire Rod

April 2001 imports of wire rod decreased 33 percent compared to March 2001. April 2001 imports of these products are up eight percent compared to April 2000. January to April 2001 imports of wire rod are down nine percent compared to the same period last year.

Heavy Structurals

April 2001 imports of heavy structurals increased 21 percent compared to March 2001. April 2001 imports of these products are down 56 percent compared to April 2000. January to April 2001 imports of heavy structurals are down 45 percent compared to the same period last year.

Rebar

April 2001 imports of rebar fell 10 percent compared to March 2001. April 2001 imports of these products are down 30 percent compared to April 2000. January to April 2001 imports of rebar are down 25 percent compared to the same period last year. These products are the subject of current antidumping and countervailing duty investigations.

Hot-Rolled Bar

April 2001 imports of hot-rolled bar decreased 9 percent compared to March 2001. April 2001 imports of these products are down 13 percent compared to April 2000. January to April 2001 imports of hot-rolled bar are down 18 percent compared to the same period last year.

Standard Pipe

April 2001 imports of standard pipe increased two percent compared to March 2001. April 2001 imports of these products are up 34 percent compared to April 2000. January to April 2001 imports of standard pipe are up seven percent compared to the same period last year.

Oil Country Tubular Goods (OCTG)

April 2001 imports of OCTG increased seven percent compared to March 2001. April 2001 imports of these products are up 60 percent compared to April 2000. January to April 2001 imports of OCTG are up 62 percent compared to the same period last year.

Semifinished Steel

April 2001 imports of semifinished steel decreased 23 percent compared to March 2001. April 2001 imports of these products are down 55 percent compared to April 2000. January to April 2001 imports of semifinished steel are down 45 percent compared to the same period last year. Imports of these products are used by U.S. steel companies to produce finished products.


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