The American Iron
and Steel Institute is reporting that steel import permit applications for
September totaled 2,739,000 net tons (NT), an 8.7-percent decrease from
August and a 7.6-percent decrease from the August preliminary imports total.
tonnage for finished steel in September was 1,980,000, down 1.5 percent from
For the first nine
months of 2018 (including September SIMA permits and August preliminary
data), total and finished steel imports were 26,578,000 NT and 20,188,000
NT, down 10.6 percent and 12.1 percent respectively from the year-ago
finished steel import market share in September was 21 percent and is 24
percent in the year-to-date.
imports with large month-over-month increases in September included light
shapes bars (up 103 percent); hot rolled sheets (up 35 percent); plates in
coils (up 24 percent); sheets and strip all other metallic coatings (up 22
percent); standard pipe (up 19 percent); and cold rolled sheets (up 12
In September the
largest finished steel import permit applications for offshore countries
were for South Korea (239,000 NT, up 41 percent from August preliminary);
Turkey (167,000 NT, up 40 percent); Germany (120,000 NT, up 7 percent);
Taiwan (103,000 NT, up 27 percent); and Japan (94,000 NT, down 8 percent).
Through the first
nine months of 2018, the largest offshore suppliers were South Korea
(2,340,000 NT, down 21 percent from the same period last year); Japan
(1,068,000 NT, down 14 percent); and Turkey (1,007,000 NT, down 49 percent).