June SIMA Import Permits Down 10 Percent, Import Market Share 23 Percent in June

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For Immediate Release
July 3, 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 June total 2,565,000 net tons (NT).  This was a 10% decrease from the 2,853,000 permit tons recorded in May and 8% decrease from the May preliminary imports total of 2,802,000 NT.  Import permit tonnage for finished steel in June was 2,014,000, down 5% from the preliminary imports total of 2,123,000 in May.  For the first six months of 2013 (including June SIMA and May preliminary), total and finished steel imports were 15,801,000 NT and 12,372,000 NT, respectively, down 10% and 9% from the same period in 2012.   June 2013 total and finished steel import permit tons would annualize at 31,602,000 NT and 24,745,000 NT, down 6% and 4%, respectively, vs. the 33,475,000 NT and 25,826,000 NT imported in 2012.  The estimated finished steel import market share in June was 23% and is 23% year-to-date (YTD).

Finished steel imports with large increases in June permits vs. the May preliminary included hot rolled sheets (up 38%), plates in coils (up 25%), oil country goods (up 15%), mechanical tubing (up 12%) and line pipe (up 11%).   Products with significant year-to-date (YTD) increases vs. the same period in 2012 include standard rails (up 26%), heavy structural shapes (up 18%) and tin plate (up 18%).

In June, the largest finished steel import permit applications for offshore countries were for South Korea (295,000 NT, up 18% from May preliminary), China (173,000 NT down 6%), Japan (130,000 NT, down 23%), Germany (89,000 NT, up 40%) and Turkey (85,000 NT, down 50%).  Through the first six months of 2013, the largest offshore suppliers were South Korea (1,782,000 NT, down 6% from the same period in 2012), Japan (956,000 NT, down 5%) and China (917,000 NT, up 14%).

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 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.