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.
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%).