The American Iron
and Steel Institute is reporting that the U.S. imported a total of 2,718,000
net tons (NT) of steel in November 2017, down 14.6 percent from October.
included 2,126,000 NT of finished steel, down 16.8 percent from October.
year-to-date, total and finished steel imports were 35,632,000 and
27,637,000 NT, up 17.5 percent and 14.3 percent respectively over 2016.
and finished steel imports in 2017 would be 38.9 and 30.1 million NT, up
17.7 percent and 14.5 percent respectively over 2016.
import market share was an estimated 25 percent in November and is estimated
at 27 percent in the year-to-date.
Major products with
significant year-over-year increases include oil country goods (up 223
percent); line pipe (up 69 percent), standard pipe (up 41 percent);
mechanical tubing (up 31 percent); hot rolled bars (up 25 percent); sheets
and strip all other metallic coatings (up 21 percent); cold rolled sheets
(up 18 percent); and sheets and strip hot dipped galvanized (up 15 percent).
In November, the
largest volumes of finished steel imports from offshore were from
(210,000 NT, down 47 percent from October); Germany (141,000 NT, down 10
percent); Japan (115,000 NT, up 59 percent); the Netherlands (110,000 NT, up
124 percent); and Brazil (98,000 NT, up 5 percent).
year-to-date, the largest offshore suppliers were South Korea (3,558,000 NT,
up 0.4 percent); Turkey (2,133,000 NT, down 6 percent); Japan (1,422,000 NT,
down 16 percent); Germany (1,301,000 NT, up 18 percent); and Taiwan
(1,204,000 NT, up 29 percent).