March SIMA Import Permits Down 3 Percent, Import Market Share 23 Percent in March

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For Immedaite Release:
April 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 March total 2,541,000 net tons (NT).  This was a 3% decrease from the 2,609,000 permit tons recorded in February but up by 4% from the February preliminary imports total of 2,441,000 NT.  Import permit tonnage for finished steel in March was 2,012,000, up 11% from the preliminary imports total of 1,819,000 in February.  The estimated finished steel import market share in March was 23%.

Finished steel imports with large increases in March permits vs. the February preliminary included reinforcing bars (up 50%), oil country goods (up 33%), sheets and strip all other metallic coatings (up 30%), hot rolled bars (up 18%), line pipe (up 17%) and hot rolled sheets (up 16%).  Major products with significant year-to-date (YTD) increases vs. the same period in 2012 include sheets and strip galvanized electrolytic (up 50%), steel piling (up 40%), cold rolled strip (up 30%) and sheets and strip galvanized hot dipped (up 21%).

In March, the largest finished steel import permit applications for offshore countries were for South Korea (293,000 NT, up 18% from February), Japan (170,000 NT up 35%), China (146,000 NT, up 2%), Turkey (113,000 NT, down 1%) and Germany (97,000 NT, down 3%).  Through the first three months of 2013, the largest offshore suppliers were South Korea (904,000 NT, down 2% from the same period in 2012), China (456,000 NT, up 54%) and Japan (435,000 NT, down 10%).

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 25 member companies, including integrated and electric furnace steelmakers, and 124 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 Web site at www.steel.org .