The American Iron
and Steel Institute is reporting that the U.S. imported a total of 3,472,000
net tons (NT) of steel in July, including 2,868,000 NT of finished steel
(down 11.5 percent and 4 percent respectively from June).
year-to-date, total and finished steel imports are 23,168,000 and 17,938,000
NT, up 22.1 percent and 17.3 percent respectively over 2016.
and finished steel imports in 2017 would be 39.7 and 30.8 million NT, up
20.3% and 16.8 respectively over 2016.
import market share was an estimated 29 percent in July and is estimated at
28 in the year-to-date.
Key finished steel
products with significant import increases in July compared to June include
standard pipe (up 38 percent); cut lengths plates (up 28 percent); line pipe
(up 17 percent); and oil country goods (up 12 percent).
Major products with
significant year-to-date increases include oil country goods (up 254
percent); standard pipe (up 47 percent); line pipe (up 39 percent); cold
rolled sheets (up 37 percent); sheets and strip all other metallic coatings
(up 35 percent); mechanical tubing (up 32 percent); hot rolled bars (up 26
percent); sheets and strip hot dipped galvanized (up 25 percent); wire rods
(up 13 percent); and tin plate (up 11 percent).