AISI Releases November SIMA Imports Data: Import Market Share 22 percent in November

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For Immediate Release
December 5, 2013

Washington, D.C. – Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported today that steel import permit applications for the month of November total 2,541,000 net tons (NT)*. For the first 11 months of 2013 (including November SIMA and October preliminary), total and finished steel imports were 29,550,000 NT and 22,954,000 NT, respectively, each down 5% from the same period in 2012. The estimated finished steel import market share in November was 22% and is 23% year-to-date (YTD).

Finished steel imports with large increases in November permits vs. the October preliminary included standard rails (up 238%), light shapes bars (up 111%) and line pipe (up 27%). Products with significant year-to-date (YTD) increases vs. the same period in 2012 include reinforcing bars (up 21%), heavy structural shapes (up 20%), standard rails (up 16%), hot rolled bars (up 14%) and sheet and strip all other metallic coatings (up 12%).

In November, the largest finished steel import permit applications for offshore countries were for South Korea (317,000 NT, down 14% from October preliminary), Japan (161,000 NT up 28%), China (157,000 NT, down 27%), Germany (105,000 NT, no change) and The Netherlands (67,000 NT, down 18%). Through the first eleven months of 2013, the largest offshore suppliers were South Korea (3,459,000 NT, down 1% from the same period in 2012), Japan (1,768,000 NT, down 4%) and China (1,750,000 NT, up 18%).

* Monthly permit numbers provided to date may be understated, as entry documentation with the required import license number may be submitted up to ten days after imports have entered U.S. commerce.

Contact: Lisa Harrison
202.452.7115 / lharrison@steel.org

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AISI serves as the voice of the North American steel industry in the public policy arena and advances the case for steel in the marketplace as the preferred material of choice. AISI also plays a lead role in the development and application of new steels and steelmaking technology. AISI is comprised of 24 member companies, including integrated and electric furnace steelmakers, and approximately 125 associate members who are suppliers to or customers of the steel industry. AISI’s member companies represent over three quarters of both U.S. and North American steel capacity. For more news about steel and its applications, view AISI’s website at www.steel.org.