AISI Releases January SIMA Imports Data; Import Market Share 25 percent in January

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For Immediate Release
February 3, 2016

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 2,696,000 net tons (NT)*. This was a 2% increase from the 2,638,000 permit tons recorded in December and a 16% increase from the December preliminary imports total of 2,323,000 NT. Import permit tonnage for finished steel in January was 2,093,000, up 4% from the preliminary imports total of 2,017,000 in December. The estimated finished steel import market share in January was 25%.

Finished steel imports with large increases in January 2016 permits vs. the December 2015 preliminary included standard rails (up 460%), oil country goods (up 91%), reinforcing bars (up 74%), standard pipe (up 68%), line pipe (up 45%), cold finished bars (up 24%), structural pipe and tubing (up 19%), wire drawn (up 11%) and plates in coils (up 11%).

In January, the largest finished steel import permit applications for offshore countries were for Turkey (262,000 NT, up 56% from December preliminary), South Korea (259,000 NT up 10%), Japan (216,000 NT, up 50%), Germany (125,000, up 3%) and Brazil (89,000 NT, up 30%).

* 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. Follow AISI on Facebook or Twitter (@AISISteel).