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September 2007

Steel import permit applications exceed three million tons

Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of July 2007 totaled 3,035,000 net tons (NT).

This was a 4 percent decrease from the 3,174,000 permit tons recorded in June 2007, a 5 percent increase from the June preliminary imports total of 2,882,000 NT and 13 percent greater than the 2005 monthly average.

Import permit tonnage for finished steel in July 2007 was 2,324,000 NT, 1 percent above the preliminary imports of 2,296,000 NT in June 2007 and 11 percent higher than the monthly average of 2,099,000 NT in 2005.