May SIMA Imports Permits Up 4 Percent, Import Market Share 22 percent in May

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For Immediate Release
June 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 May total 2,800,000 net tons (NT).  This was a 4% increase from the 2,697,000 permit tons recorded in April and 2% increase from the April final imports total of 2,738,000 NT.  Import permit tonnage for finished steel in May was 2,105,000, down 2% from the final imports total of 2,145,000 in April.  For the first five months of 2013 (including May SIMA and April final), total and finished steel imports were 13,234,000 NT and 10,341,000 NT, respectively, down 11% and 9% from the same period in 2012.   May 2013 total and finished steel import permit tons would annualize at 31,761,000 NT and 24,818,000 NT, down 5% 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 May was 22% and is 23% year-to-date (YTD).

Finished steel imports with large increases in May permits vs. the April final included reinforcing bars (up 361%), hot rolled bars (up 50%), wire rods (up 30%) and steel piling (up 107%).   Products with significant year-to-date (YTD) increases vs. the same period in 2012 include steel piling (up 86%), sheets and strip galvanized electrolytic (up 35%) and cold rolled strip (up 32%).

In May, the largest finished steel import permit applications for offshore countries were for South Korea (286,000 NT, up 4% from April), Turkey (197,000 NT up 197%), China (179,000 NT, up 60%), Japan (147,000 NT, down 29%) and India (83,000 NT, up 40%).  Through the first five months of 2013, the largest offshore suppliers were South Korea (1,523,000 NT, down 2% from the same period in 2012), Japan (805,000 NT, down 5%) and China (737,000 NT, up 24%).

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.