Steel Imports Down 17% Year-to-Date through November

December 30, 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 1,541,000 net tons (NT) of steel in November 2019, including 1,311,000 net tons (NT) of finished steel (down 29.9% and 12.5%, respectively, vs. October final data). Through the first eleven months of 2019, total and finished steel imports are 26,332,000 and 19,675,000 net tons (NT), down 17.3% and 18.1%, respectively, vs. the same period in 2018. Annualized total and finished steel imports in 2019 would be 28.7 and 21.5 million NT, down 14.8% and 16.5%, respectively, vs. 2018. Finished steel import market share was an estimated 15% in November and is estimated at 19% over the first eleven months of 2019.

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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’s membership is comprised of integrated and electric furnace steelmakers, and 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 Follow AISI on Facebook or Twitter (@AISISteel).