Chesterton Tribune

 

 

Steel imports are 25 percent of US market in January

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Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported Wednesday that the U.S. imported a total of 3,479,000 net tons (NT) of steel in January 2019, including 2,450,000 net tons (NT) of finished steel (up 20.7% and 5.0%, respectively, vs. January 2018 final data).

Total and finished steel imports are up 83.3% and 46.0% vs. the prior month, December 2018. Finished steel import market share was an estimated 25% in January.

Finished steel products with significant import increases in January compared to December include reinforcing bars (up 241%), oil country goods (up 148%), cut lengths plates (up 127%), structural shapes heavy (up 70%), line pipe (up 61%), standard pipe (up 58%), sheets and strip all other metallic coatings (up 52%), mechanical tubing (up 45%), sheets and strip galvanized hot dipped (up 39%), wire drawn (up 27%), wire rods (up 27%), plates in coils (up 23%), tin plate (up 23%), hot rolled bars (up 21%), cold rolled sheets (up 13%), and hot rolled sheets (up 12%).

In January, the largest volumes of finished steel imports from offshore were for South Korea (361,000 NT, up 298% from December final), Germany (134,000 NT, up 17%), Brazil (129,000 NT, up 737%), Japan (106,000 NT, up 10%) and Vietnam (104,000 NT, up 3%).

 

Posted 3.28.2019

 
 
 
 

 

 

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