American Iron and Steel Institute is reporting that in March the U.S.
imported a total of 2,271,000 net tons (NT) of steel, including 1,861,000 NT
of finished steel, down 6.6 percent and 6.7 percent respectively from
Through the first three months of 2019, total and finished steel imports are
8,184,000 and 6,056,000 net tons (NT), down 5.9 percent and 11.4 percent
respectively for the year-ago period.
Annualized total and finished steel imports in 2019 would be 32.7 and 24.2
million NT, down 2.9 percent and 5.7 percent respectively from 2018.
Finished steel import market share was an estimated 19 percent in March and
is estimated at 21 percent for the first three months of 2019.
finished steel products with a significant month-over-month increase in
March included heavy structural shapes (up 39 percent); tin plate (up 37
percent); sheets and strip all other metallic coatings (up 32 percent); oil
country goods (up 25 percent); wire rods (up 15 percent); cold rolled sheets
(up 13 percent); plates in coils (up 12 percent); and hot rolled bars (up 11
Major products with significant year-over-year increases during the first
quarter of 2019 included line pipe (up 51 percent); and reinforcing bars (up
March the largest volumes of finished steel imports from offshore were from
South Korea (174,000 NT, down 7 percent from February); Taiwan (111,000 NT,
up 54 percent); Japan (100,000 NT, down 20 percent); Germany (94,000 NT, up
16 percent); and Vietnam (81,000 NT, up 87 percent).
the first three months of 2019, the largest offshore suppliers were South
Korea (722,000 NT, down 24 percent from the year-ago); Japan (330,000 NT,
down 16 percent); Germany (309,000 NT, up 7 percent); Taiwan (284,000 NT, up
4 percent); and Vietnam (228,000 NT, up 27 percent).