Steel imports decline in September
Based on preliminary Census Bureau data, the
American Iron and Steel Institute (AISI) reported that the United
States imported a total of 2,238,000 net tons (NT) of steel in
September, including 1,662,000 NT of finished steel (each down
9 percent from August final data). Finished steel import market
share in September was an estimated 20 percent and is 22 percent
year-to date (YTD).
Key finished steel products with significant
import increases in September 2011 compared to August include
standard rails (up 100 percent) and tin plate (up 50 percent).
Major products with significant YTD import
increases vs. the same period last year include cut length plates
(up 52 percent), plates in coils (up 34 percent), hot rolled
bar (up 28 percent), oil country goods (up 25 percent), reinforcing
bar (up 24), cold rolled sheets (up 23 percent) and line pipe
(up 22 percent).
In September, the largest volumes of finished
steel imports were from South Korea (212,000 NT, up 6 percent),
Japan (119,000 NT, up 26 percent), China (107,000 NT, down 11
percent), Germany (64,000 NT, down 22 percent) and The Netherlands
(59,000 NT, up 127 percent).