imports decline in September
Import market share at 20 percent
Based on preliminary Census Bureau data, the
American Iron and Steel Institute (AISI) reported that the United
States imported a total of 2,107,000 net tons (NT) of steel in
September, including 1,589,000 NT of finished steel (down 3 percent
and 6 percent, respectively, from August data).
Finished steel import market share was an estimated 20 percent
in September, vs. year high 24 percent in July and a low of 15
percent in August 2009. For the year to date, finished steel
import market share is 21 percent. In the first nine months of
2010, total and finished steel imports were up 56 percent and
32 percent, respectively, compared to the same period last year.
Key finished steel products with significant import increases
in September 2010 compared to August include cut length plates
(up 51 percent), hot rolled sheets (up 39 percent), cold rolled
sheets (up 36 percent), and plates in coils (up 27 percent).
Many finished steel products have registered significant year-to-date
import increases in 2010 vs. the same period last year, including
wire rods (up 125 percent) and hot rolled sheets (up 50 percent).
In September, the largest volumes of finished steel imports from
offshore were from South Korea (208,000, up 5 percent), Japan
(113,000 NT, down 19 percent), China (101,000 up 1 percent),
The Netherlands (63,000 NT, up 43 percent) and Germany (58,000,
down 13 percent). For the first nine months of 2010, the largest
offshore suppliers were South Korea (1,491,000, up 49 percent),
Japan (999,000 NT, up 37 percent) and China (668,000 NT, down