Steel Imports Up 25.5% Year-to-date Through August

September 24, 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 2,767,000 net tons (NT) of steel in August 2021, including 2,102,000 net tons (NT) of finished steel (down 10.1% and up 1.0%, respectively, vs. July final data). Through the first eight months of 2021, total and finished steel imports are 20,564,000 and 14,209,000 net tons (NT), up 25.5% and 26.9%, respectively, vs. the same period in 2020. Annualized total and finished steel imports in 2021 would be 30.8 and 21.3 million NT, up 40.1% and 32.1%, respectively, vs. 2020. Finished steel import market share was an estimated 21% in August and is estimated at 20% over the first eight months of 2021.

Key finished steel products with a significant increase in imports in August compared to July are hot rolled sheets (up 22%), sheets and strip hot dipped galvanized (up 18%) and mechanical tubing (up 14%). Products with a significant year-to-date (YTD) increase vs. the same period in 2020 were hot rolled sheets (up 94%), plates in coils (up 67%), sheets and strip all other metallic coatings (up 50%), wire rods (up 46%), cut lengths plates (up 45%), heavy structural shapes (up 27%), wire drawn (up 23%), hot rolled bars (up 22%), sheets and strip hot dipped galvanized (up 19%), cold rolled sheets (up 18%), tin plate (up 14%) and oil country goods (up 14%).

Click here for the full statistical report.

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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).