The American Iron
and Steel Institute is reporting that steel import permit applications in
April totaled 3,967,000 net tons (NT).
This was an
11.2-percent increase over March and a 19-percent increase over March final
tonnage for finished steel in April was 2,923,000, up 17.6 percent over
In the year-to-date
total and finished steel imports were 12,664,000 NT and 9,760,000 NT, up 2.9
percent and 3 percent respectively over the year-ago period.
finished steel import market share in April was 29 percent and is 26 percent
in the year-to-date.
imports with notable month-over-month increases in April included line pipe
(up 75 percent); heavy structural shapes (up 68 percent); sheets and strip
all other metallic coatings (up 65 percent); reinforcing bars (up 59
percent); tin plate (up 59 percent); hot rolled bars (up 40 percent); sheets
and strip hot dipped galvanized (up 31 percent); and cut lengths plates (up
significant year-over-year increases include plates in coils (up 42
percent); hot rolled sheets (up 42 percent); line pipe (up 28 percent);
mechanical tubing (up 25 percent); oil country goods (up 23 percent); and
hot rolled bars (up 13 percent).
In April, the
largest finished steel import permit applications for offshore countries
were for South Korea (434,000 NT, up 37 percent from March final); Turkey
(201,000 NT, up 50 percent); Vietnam (131,000 NT, up 61 percent); Taiwan
(127,000 NT, up 61 percent); and Germany (126,000 NT, up 71 percent).
Through the first
four months of 2018, the largest offshore suppliers were South Korea
(1,381,000 NT, up 14 percent from the same period last year); Turkey
(531,000 NT, down 46 percent); and Japan (491,000 NT, down 6 percent).