July SIMA Import Permits Down 6 Percent, Import Market Share 21 Percent in July

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For Immediate Release
August 7, 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 July total 2,476,000 net tons (NT).  This was a 6% decrease from the 2,626,000 permit tons recorded in June and 1% increase from the June final imports total of 2,460,000 NT.  Import permit tonnage for finished steel in July was 1,929,000, down 2% from the final imports total of 1,974,000 in June.  For the first seven months of 2013 (including July SIMA), total and finished steel imports were 18,208,000 NT and 14,298,000 NT, respectively, down 11% and 10% from the same period in 2012.   July 2013 total and finished steel import permit tons would annualize at 31,214,000 NT and 24,511,000 NT, down 7% and 5%, respectively, vs. the 33,475,000 NT and 25,826,000 NT imported in 2012.  The estimated finished steel import market share in July was 21% and is 23% year-to-date (YTD).

Finished steel imports with large increases in July permits vs. the June final included wire rods (up 74%), sheets and strip all other metallic coatings (up 31%), hot rolled sheets (up 27%), hot rolled bars (up 15%) and wire drawn (up 11%).   Products with significant year-to-date (YTD) increases vs. the same period in 2012 include heavy structural shapes (up 25%), standard rail (up 18%) and tin plate (up 18%).

In July, the largest finished steel import permit applications for offshore countries were for South Korea (268,000 NT, up 12% from June final), China (155,000 NT up 1%), Japan (140,000 NT, up 6%), Germany (90,000 NT, down 15%) and Taiwan (70,000 NT, up 30%).  Through the first seven months of 2013, the largest offshore suppliers were South Korea (1,996,000 NT, down 11% from the same period in 2012), Japan (1,091,000 NT, down 9%) and China (1,053,000 NT, up 14%).

Contact: Lisa Harrison
202.452.7115 / lharrison@steel.org

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 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.