AISI Releases January SIMA Imports Data, Import Market Share 32 percent in January

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For Immediate Release
February 4, 2015

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 January total 4,331,000 net tons (NT)*. This was a 20% increase from the 3,599,000 permit tons recorded in December and a 20% increase from the December preliminary imports total of 3,620,000 NT. Import permit tonnage for finished steel in January was 3,393,000, up 15% from the preliminary imports total of 2,941,000 in December. The estimated finished steel import market share in January was 32%.

Finished steel imports with large increases in January 2015 permits vs. the December 2014 preliminary included sheets and strip all other metallic coatings (up 89%), oil country goods (up 60%), structural pipe and tubing (up 47%), reinforcing bars (up 42%), hot rolled sheets (up 38%), line pipe (up 35%) and standard pipe (up 33%).

In January, the largest finished steel import permit applications for offshore countries were for South Korea (774,000 NT, up 85% from December preliminary), Turkey (283,000 NT up 76%), China (230,000 NT, up 6%), Japan (202,000, up 9%) and Brazil (184,000 NT, up 74%).

* 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

Click here for a PDF version of this release.

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 19 member companies, including integrated and electric furnace steelmakers, and approximately 125 associate members who are suppliers to or customers of the steel industry. For more news about steel and its applications, view AISI's website at www.steel.org.