The American Iron
and Steel Institute is reporting that the U.S. imported a total of 3,051,000
net tons (NT) of steel in September, down 10.3 percent from August.
included 2,438,000 NT of finished steel, down 1.4 percent from August.
year-to-date, total and finished steel imports were 29,663,000 and
22,890,000 NT, up 19.6 percent and 15.7 percent respectively over 2016.
and finished steel imports in 2017 would be 39.6 and 30.5 million NT, up
19.8 percent and 15.9 percent respectively over 2016.
import market share was an estimated 27 in September and is estimated at 28
in the year-to-date.
Key finished steel
products with significant import increases in September included reinforcing
bars (up 85 percent); line pipe (up 35 percent); tin plate (up 31 percent);
oil country goods (up 23 percent); and plates in coils (up 11 percent).
Major products with
significant year-to-date increases included include oil country goods (up
255 percent); line pipe (up 60 percent); standard pipe (up 45 percent);
mechanical tubing (up 32 percent); cold rolled (up 28 percent); sheets and
strip all other metallic coatings (up 26 percent); sheets and strip hot
dipped galvanized (up 22 percent); and hot rolled bars (up 19 percent).
In September, the
largest volumes of finished steel imports from offshore were from South
Korea (321,000 NT, down 11 percent from August); Japan (169,000 NT, up 32
percent); Germany (151,000 NT, up 53 percent); Taiwan (120,000 NT, down 2
percent); and Turkey (112,000 NT, up 5 percent).
For the first nine
months of 2017, the largest offshore suppliers were South Korea (2,949,000
NT, down 2 percent); Turkey (1,944,000 NT, up 5 percent); Japan (1,234,000
NT, down 14 percent); Taiwan (1,026,000 NT, up 36 percent); and Germany
(1,001,000 NT, up 6 percent).