Steel Imports Up 18.5% Year-To-Date Through June

July 26, 2021

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 2,897,000 net tons (NT) of steel in June 2021, including 2,018,000 net tons (NT) of finished steel (up 14.8% and 8.7%, respectively, vs. May final data). Through the first six months of 2021, total and finished steel imports are 14,688,000 and 9,995,000 net tons (NT), up 18.5% and 15.6%, respectively, vs. the same period in 2020. Annualized total and finished steel imports in 2021 would be 29.4 and 20.0 million NT, up 33.4% and 23.9%, respectively, vs. 2020. Finished steel import market share was an estimated 21% in June and is estimated at 19% over the first six months of 2021.

 

Key finished steel products with a significant increase in imports in June compared to May are hot rolled sheets (up 48%), heavy structural shapes (up 38%), oil country goods (up 35%), line pipe (up 30%), wire rods (up 21%), cold rolled sheets (up 19%), cut lengths plates (up 17%), plates in coils (up 13%), reinforcing bars (up 12%) and hot rolled bars (up 11%).  Products with a significant year-to-date (YTD) increase vs. the same period in 2020 were hot rolled sheets (up 63%), plates in coils (up 41%), cut lengths plates (up 35%), sheets and strip all other metallic coatings (up 31%), wire rods (up 26%), wire drawn (up 22%), tin plate (up 18%), hot rolled bars (up 13%) and sheets and strip galvanized hot dipped (up 12%).

 

Click here for the full statistical report.

#####

Contact: Lisa Harrison

202.452.7115 / lharrison@steel.org

AISI serves as the voice of the 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 arc 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).