Finished Steel Import Market Share at 25 Percent in JanuaryMarch 27, 2019
Washington, D.C. – Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 3,479,000 net tons (NT) of steel in January 2019, including 2,450,000 net tons (NT) of finished steel (up 20.7% and 5.0%, respectively, vs. January 2018 final data). Total and finished steel imports are up 83.3% and 46.0% vs. the prior month, December 2018. Finished steel import market share was an estimated 25% in January.
Key finished steel products with significant import increases in January compared to December include reinforcing bars (up 241%), oil country goods (up 148%), cut lengths plates (up 127%), structural shapes heavy (up 70%), line pipe (up 61%), standard pipe (up 58%), sheets and strip all other metallic coatings (up 52%), mechanical tubing (up 45%), sheets and strip galvanized hot dipped (up 39%), wire drawn (up 27%), wire rods (up 27%), plates in coils (up 23%), tin plate (up 23%), hot rolled bars (up 21%), cold rolled sheets (up 13%), and hot rolled sheets (up 12%).
Contact: Lisa Harrison
202.452.7115 / firstname.lastname@example.org
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 21 member companies, including integrated and electric furnace steelmakers, and approximately 120 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).
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