Steel Imports Down 10 Percent in January 2020 Compared to January 2019February 26, 2020
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 3,135,000 net tons (NT) of steel in January 2020, including 1,633,000 net tons (NT) of finished steel (down 9.9% and 33.4%, respectively, vs. January 2019). Total and finished steel imports are up 97.7% and20.4%, respectively, vs. the prior month, December 2019. Finished steel import market share was an estimated 17% in January 2020.
Key finished steel products with a significant import increase in January compared to December are reinforcing bars (up 134%), sheet and strip all other metallic coatings (up 126%), heavy structural shapes (up 98%), wire rods (up 66%), sheets and strip galvanized hot dipped (up 56%), mechanical tubing (up 43%), wire drawn (up 33%) and standard pipe (up 13%).
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’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 www.steel.org. Follow AISI on Facebook or Twitter (@AISISteel).
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